We don’t know if the Quality Jobs Program is paying off (Guest post: Mark Lash)

Mark Lash is a retired federal employee who follows Oklahoma policymaking, tries to understand it, and sometime even writes about it. See Mark’s previous post about the Quality Jobs Program here. Oklahoma’s Quality Jobs Program began in 1993 and has… Read more [More...]

Uh-Oh: Sluggish revenue collections signal real concerns

There was very little good news in last week’s state revenue announcement as collections fell below both the prior year and this year’s estimates for both the month and the completed first quarter of FY 2014. This sluggish performance could… Read more [More...]

Oklahoma makes “Quality Jobs” payment to companies that aren’t creating new jobs (Guest Post: Mark Lash)

Mark Lash is a retired federal employee who follows Oklahoma policymaking, tries to understand it, and sometime even writes about it. Oklahoma’s Quality Jobs Program began in 1993. In fiscal year 2013, it paid incentives of $78.9 million to Oklahoma… Read more [More...]

Pension Resources

Blog Posts and Fact Sheets OK Policy Blog Post: Moving new employees into 401(k)s would endanger existing pensions, increase costs to taxpayers (February 2014) OK Policy Blog Post: The pension crisis is over (Oct. 2013) Fact Sheet: Oklahoma Teachers Retirement… Read more [More...]

The pension crisis is over

Oklahoma’s seven public pension systems  have a combined unfunded liability of $11.6 billion as of June 30, 2012. This large  number alone is often put forward to make the case for doing away with traditional defined benefit pensions for state… Read more [More...]

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...]

How the incentives arms race is a lose-lose for cities and states (Guest Blog: Cynthia Rogers)

Dr. Cynthia Rogers is  Associate Professor in the Economics Department at the University of Oklahoma, where she served as the Graduate Director from 2006-2013. This is an edited version of a brief originally published for the Scholars Strategy Network, of… Read more [More...]

SQ 766 gives AT&T a $23 million tax break while costing schools $31 million

State Question 766, which exempted businesses from paying taxes on their intangible property, will reduce local tax revenues by an estimated $60.2 million in 2013, according to figures provided by the Oklahoma Tax Commission (OTC). The biggest winners will be… Read more [More...]

Comparing State Taxes on Unconventional Oil and Gas Production

Oklahoma's taxes on unconventional production of oil and gas, or horizontal drilling, are among the nation's lowest and would remain relatively low even if the state eliminated the tax breaks currently benefiting horizontal drilling. [More...]

Summer Rerun: Low tax state for who?

This post originally ran on our blog this past January Like most state tax systems, Oklahoma takes a much larger share from middle- and low-income families than from wealthy families, according to the fourth edition of “Who Pays? A Distributional… Read more [More...]