The share of income Oklahomans pay in state taxes has fallen to its lowest point in decades. In 2010, Oklahomans paid just 5.5 percent of their total income in state taxes. This includes sales tax, income tax, motor vehicle tax,…
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Yesterday, State Finance Director Preston Doerflinger announced that March General Revenue (GR) collections came in 9.3 percent above March 2010 and 10.5 percent above the certified estimate. This marked the 11th straight month that GR showed improvement over the prior…
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On Thursday, Treasurer Scott Meacham declared a revenue shortfall for the current budget year, FY ’09, and announced that state agencies would be required to take an across-the-board cut in their allocations for June, the final month of the fiscal…
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