Tag: revenue enhancements

Bridging the Gap (2): Closing the circle on the state income tax deduction

As Oklahoma faces record budget shortfalls, the threat of massive cuts that would slow the state’s economic recovery and have potentially devastating effects on schools, social services, and public safety loom large. In this context, there is an urgent need… Read more [More...]

Bridging the gap (1): Revisiting the vendor sales tax discount

With state revenue collections seeing their steepest plunge in a generation, Oklahoma is enduring a tough year of state budget cuts that are already having a harmful effect on families, communities and the economy. However, while the severity of this… Read more [More...]

From the frying pan to the fire: As FY 10 budget battle re-erupts, the real hard work waits

Just when it looked as if the the extended negotiations over how to address FY ’10 budget shortfalls were finally resolved, a new wrinkle emerged this week.  As a means to protest the continued failure to find supplemental funds for… Read more [More...]

A first look at the Governor’s FY ’11 budget

In Monday’s State of the State address, Governor Henry laid out the broad parameters of his FY ’11 Executive budget. The Governor’s speech likened our current fiscal storm to the severe weather the state has faced recently and so often… Read more [More...]