2019 Priority: End the capital gains tax break

Download this fact sheet as a printable pdf here. Read about the rest of OK Policy’s 2019 Legislative Policy Priorities here. Oklahoma law provides for a 100 percent deduction from state income tax of any gains from the sale of… Read more [More...]

2019 Priority: Strengthen Working Family Tax Credits

Download this fact sheet as a printable pdf here. Read about the rest of OK Policy’s 2019 Legislative Policy Priorities here. In a tax code that provides multiple breaks for high-income individuals and businesses, Oklahoma offers just three tax credits… Read more [More...]

2019 Priority: Protect Oklahoma’s revenue base

Download this fact sheet as a printable pdf here. Read about the rest of OK Policy’s 2019 Legislative Policy Priorities here. Oklahomans look to our state government to fund a wide range of critical investments – schools, roads and bridges,… Read more [More...]

2019 Legislative Policy Priorities: Solutions for Oklahoma’s toughest challenges

We are offering proven solutions to poverty and the lack of opportunity that holds Oklahoma back from becoming a truly prosperous state. With this agenda and with all of you, we may finally fulfill the Oklahoma Standard and rebuild an economy and society that works for all. [More...]

Budget outlook offers opportunities, but challenges remain

After a decade of ongoing shortfalls and repeated cuts to core services, Oklahoma’s finances are finally in recovery. Revenues are growing and lawmakers are expected to have substantially more money for next year’s budget, according to initial projections that were… Read more [More...]

Court ruling gives Oklahoma the chance to fully fix online tax problem

As online commerce has grown into an ever-increasing share of the U.S. economy, Oklahoma and other states have struggled with the problem of lost tax revenue from untaxed sales. A major Supreme Court ruling this past June, combined with actions… Read more [More...]

New analysis: Low-income taxpayers in Oklahoma pay more than twice the tax rate paid by the richest Oklahomans

While Oklahoma has a reputation as a low tax state, poor and middle-income Oklahomans are actually paying a greater share of their income in taxes than the national average, while the richest 5 percent of households — with annual incomes… Read more [More...]

Oklahoma’s revenue growth is welcome but not a windfall (Capitol Update)

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. Those who rely on state funding to provide services to Oklahomans heard more good news this week… Read more [More...]

With SQ 800, Oklahoma voters to decide on saving fossil fuel revenues in a long-term endowment

Oklahoma will begin to set aside a portion of future oil and gas revenues for a new reserve fund if voters approve State Question 800 in November. SQ 800 creates a new trust fund known as the Oklahoma Vision Fund in… Read more [More...]

The official SQ 780 savings calculation rests on flawed assumptions

Two years ago, Oklahoma voters passed State Questions 780 and 781, together known as the Smart Justice Reform Act. SQ 780 reclassified simple drug possession and many low-level property crimes as misdemeanors rather than felonies. SQ 781 directs the Office of… Read more [More...]