By:
Paul Shinn
April 7, 2021 // Updated: April 6, 2021
Lawmakers should set aside both of these bills and have a broader discussion about whether it's more important to broadly cut taxes than to provide public services, invest in our state’s future, save for the next economic downturn, or provide better-targeted tax reduction.
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By:
Paul Shinn
March 19, 2021 // Updated: March 19, 2021
Oklahoma’s corporate income tax is good public policy. Forty-four states have corporate income taxes like Oklahoma’s, and all but two of the remaining states tax business revenues.
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By:
Dave Hamby
March 11, 2021 // Updated: March 12, 2021
It’s been just three years since Oklahoma lawmakers passed a historic $531 million in additional state revenue to support education. On Thursday, the Oklahoma House approved a sweeping set of corporate and individual tax cuts that undoes that historic achievement…
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By:
Paul Shinn
March 2, 2021 // Updated: March 2, 2021
Every one of us will suffer if we don’t help those whose income, health, and food security have been most damaged by the pandemic. We have the means to provide that help, but we must find the will.
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By:
Steve Lewis
March 1, 2021 // Updated: March 1, 2021
House Speaker Charles McCall announced last week his intention to work on legislation to reduce the personal income tax and to eliminate the corporate income tax over five years. Last Tuesday, McCall removed his House Bill 2041 from the Rules…
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By:
Paul Shinn
February 3, 2021 // Updated: June 1, 2021
OK Policy’s simulator is a menu-driven Microsoft Excel worksheet in which users input details about a family to see how assistance programs help them at various hours of work and hourly wages.
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While there are arguments to pass a vape tax as a public health measure, it would likely be an insufficient and unstable way to fund a public program as crucial to our health as Medicaid.
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By:
Paul Shinn
December 18, 2020 // Updated: March 16, 2021
The State Board of Equalization provided the revenue certification that will serve as the basis for Oklahoma’s budget year that starts July 1, 2021 (FY 2022). The news was better than expected, but doesn’t suggest the state’s long-term budget slide is over.
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The report shows how many Oklahomans need assistance from these programs and how the programs lift many out of poverty. It shows how programs interact to make resources available to families.
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A new report from the Oklahoma Policy Institute — entitled “Plateaus and Cliff Effects in Oklahoma” — is among the first of its kind to examine how public supports and income interact to impact low-income Oklahomans.
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