Tag: Taxes

Watch This: Debunking Myths About Who Pays Taxes

During the last presidential election, much was made of the fact that nearly half of Americans paid no federal income tax in 2010.  But is it true? A new 4 minute illustrated video from The Urban Institute explains who doesn’t… Read more [More...]

Read This: A glossary of tax terminology

If all the recent talk about tax credits and exemptions and tax reform have left you scratching your head, you’re not alone.  Keeping up with the tax debate – and its accompanying jargon and terminology – can challenge even the… Read more [More...]

Easier to shop in Kansas than move to Texas: Why replacing income tax with consumption tax is bad for Oklahoma's economy

Many state political and business leaders are clamoring to do away with Oklahoma’s personal income tax, the state’s single largest revenue source, while acknowledging the need to maintain sufficient tax revenue to fund basic services. One influential participant in the… Read more [More...]

The Weekly Wonk – April 22, 2011

What’s up this week at Oklahoma Policy Institute? The Weekly Wonk is dedicated to this week’s events, publications, and blog posts. This week OK Policy reported on SB 517, a bill that would sunset 20 tax credits, including one relied… Read more [More...]

A day without taxes

As the deadline for filing income tax approaches, we return to a favorite blog post from our friend Paul Shinn that we first ran in 2009. You may also enjoy this video tribute to the many things we can be… Read more [More...]

Classic Reruns: No-tax day

This is one of our most widely read and popular blog posts. It was written by Paul Shinn and initially ran on our blog on April 15, 2009. April 15. I’m not a fan of tax day. Who is? After… Read more [More...]

Keeping Perspective

As the Oklahoma Legislature winds down the 2009 session, there is still talk of tax relief–a lower top income tax rate, exemptions for oil and gas drilling, and limits on property tax growth–in spite of a budget shortfall of $600… Read more [More...]

No-tax day

April 15. I’m not a fan of tax day. Who is? After several tortuous weeks of determining whether I have excess distributions from my 529 plan  and deciding how much I owe to the two states I lived in last… Read more [More...]