By:
Gene Perry
January 30, 2013 // Updated: May 2, 2019
Like most state tax systems, Oklahoma takes a much larger share from middle- and low-income families than from wealthy families, according to the fourth edition of “Who Pays? A Distributional Analysis of the Tax Systems in All 50 States,” released…
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By:
Gene Perry
October 4, 2012 // Updated: May 2, 2019
[Update: A previous version of chart #1 incorrectly said 2011. The chart is based on 2009/2010 American Community Survey data.]
1) 44 percent of Oklahomans owed no federal income tax in 2010. The vast majority were workers, elderly, disabled, or…
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By:
Gene Perry
August 30, 2011 // Updated: May 2, 2019
With the Governor and legislative leaders talking about doing away with Oklahoma’s state income tax, it’s worth taking a look at how the tax affects Oklahomans and why it is important. In an OK Policy fact sheet released today, we…
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By:
Gene Perry
May 25, 2011 // Updated: May 2, 2019
A study released today finds that inverting state tax structures—whereby the highest income earners would be taxed at the current percentage of income for the lowest income earners, and vice versa—would raise more than $4 billion in new revenue for…
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A recent OK Policy fact sheet that analyzed the distribution of benefits from cutting the state’s top personal income tax rate from 5.5 to 5.25 percent has generated considerable interest and discussion. The tax cut would have a $120 million…
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