Phantom Menace: Fear of "lurking taxes" may deepen budget holes

One might imagine that with a $500 million budget shortfall for the upcoming year and the strong likelihood of chronic shortfalls for years to come, Oklahoma legislators would not want to jeopardize millions in annual state and local tax revenue… Read more [More...]

An expert's take on Oklahoma's new sales tax compliance law

One measure adopted this session to mitigate the extent of budget cuts was HB 2359, which aims to increase the collections of taxes owed on purchases made over the Internet or by other remote retailers. After opposition emerged, the final… Read more [More...]

Bridging the Gap (3): Leveling the playing field on sales tax collections

As Oklahoma faces record budget shortfalls, the threat of massive cuts that would slow the state‚Äôs economic recovery and, in the Governor’s words, “have irreparable and damaging effects on our state services infrastructure,” looms large. This post is the third… Read more [More...]