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...]

An Incomplete Recovery–and a chance to do better

Today we published “An Incomplete Recovery: The State Budget Outlook 2012-2015.” This is the third of our annual series of forecasts for the state budget. Our goals for this project are both to inform leaders and citizens about the state’s… Read more [More...]

An Incomplete Recovery: The State Budget Outlook, 2012-2015

OK Policy’s issue brief is based on revenue forecasts for FY ’12 – FY ’15. Our main findings include: Oklahoma will face prolonged constraints on the state budget even as the economy and state . recover; Revenues will remain below… Read more [More...]

Quick Take: Despite growth, revenues still well below pre-downturn levels

For the eighteenth consecutive month since May 2010, General Revenue (GR) collections grew compared to the prior year. October GR was $24.3 million, or 6.3 percent, above collections in October 2010. All major taxes brought in more revenue than one… Read more [More...]

Rep. David Dank: On tax credits, the time for change is now

Rep. David Dank is co-chair of the Tax Credit Task Force. This is his opening statement to the Task Force’s meeting of November 9th. It is reprinted with permission and has been edited for length as indicated by […] The… Read more [More...]

Keeping tabs on tax breaks

This post originally appeared on Oklahoma Watch as part of their Oklahoma Voices series. The legislative task force that has been studying tax breaks will vote on final recommendations at its November 30 meeting. Also appearing today on our blog… Read more [More...]

Cutting the income tax is the wrong priority for Oklahoma

While some state leaders continue to discuss making top-down cuts to the income tax or eliminating it entirely, a new OK Policy issue brief shows why that policy is ill-advised. Before the economic downturn, the income tax brought in more… Read more [More...]

The Case for the Income Tax

An OK Policy issue brief explains why proposals from some state leaders to repeal or reduce the state’s income tax are ill-advised. Its main findings: The income tax is the single largest state revenue source, accounting for nearly one of… Read more [More...]

Stop Flying Blind: Three sensible reforms to help us chart a stable fiscal course

Oklahoma is facing serious challenges when it comes to having the resources to provide the sorts of public services that help create jobs and build a strong economy. Yet while the need to chart a sound, sustainable fiscal course is… Read more [More...]

Interview with Michael Mazerov: Oklahoma can put an end to abusive corporate tax shelters

Michael Mazerov is a Senior Fellow with the Center on Budget and Policy Priorities, where he specializes in state and local taxation of businesses. This interview was conducted by e-mail on October 25, 2011. For additional information on combined reporting,… Read more [More...]