By:
Gene Perry
May 19, 2015 // Updated: May 1, 2019
Oklahoma Policy Institute released the following statement in response to a state budget deal announced today:
Lawmakers faced a difficult task with a $611 million budget hole. Even so, this budget proposal ignores sensible revenue options by allowing a tax…
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Lawmakers are planning a budget for next year that from most reports looks likely to cut funding for most state agencies while refusing to halt a scheduled tax cut or reign in tax breaks. As some pre-budget spin in defense…
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Steve Lewis served as Speaker of the Oklahoma House of Representatives from 1989-1991. He currently practices law in Tulsa and represents clients at the Capitol. You can sign up on his website to receive the Capitol Updates newsletter by email.…
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Oklahoma lawmakers are now struggling to write a budget with $611 million less revenue available than what was appropriated last year. It’s easy to blame falling energy prices and accompanying job losses for the shortfall – until we recall that…
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Unless the Legislature acts to halt it, the state’s top income tax rate will fall from 5.25 to 5 percent next January based on legislation passed last session, SB 1246, that tied the top rate cut to a revenue trigger.…
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By:
Gene Perry
May 5, 2015 // Updated: May 2, 2019
“Poor state fiscal policy choices are undoing much of the hard work of our philanthropic sector, businesses, Native nations, non-profit organizations, and faith community to support and improve education, health care, social services, and other critical areas.”
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Steve Lewis served as Speaker of the Oklahoma House of Representatives from 1989-1991. He currently practices law in Tulsa and represents clients at the Capitol. You can sign up on his website to receive the Capitol Updates newsletter by email.…
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By:
Gene Perry
April 23, 2015 // Updated: May 2, 2019
OK Policy recently commissioned a scientific poll that showed a majority of Oklahoma voters oppose going forward with a tax cut at a time when the state is looking at a $611 million budget shortfall and lawmakers are planning more…
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By:
Gene Perry
April 15, 2015 // Updated: May 2, 2019
A new poll shows that 60 percent of Oklahoma voters support delaying or canceling the income tax cut scheduled for 2016, and only 33 percent still want the tax cut to go forward while the state has a large budget…
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By:
Gene Perry
April 2, 2015 // Updated: May 2, 2019
We recently wrote about another tax break moving through the Oklahoma Legislature without any evidence that it will work or how much it will cost. HB 1747, by Rep. Tom Newell (R-Seminole), would create “Rural Opportunity Zones” where anyone moving…
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