Watch out for wasteful tax giveaways disguised as help for ‘small business’

Last week a press release from Governor Fallin advertised that she was participating in the “Bring Small Businesses Back Bus Tour” when it came to Oklahoma City. This tour is sponsored by the “Job Creators Network”, an association of corporate… Read more [More...]

State Question 779: Sales Tax for Education

Learn about other state questions on the ballot in Oklahoma. Download this fact sheet as a pdf. En Español The Gist SQ 779 is a constitutional amendment that would raise the state sales and use tax by one percentage point.… Read more [More...]

‘Robbing Peter to pay Peter’ (Capitol Updates)

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 find past Capitol Updates archived  on his website. An interesting debate has developed… Read more [More...]

Stars not aligned to accomplish much in special session (Capitol Updates)

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 find past Capitol Updates archived  on his website. One has to wonder where… Read more [More...]

Sales tax holiday is poor policy

Rather than stimulating an overall increase in sales, studies have tended to find that sales tax holidays simply shift the timing of sales that would have happened anyway, deferring purchases that would have been made earlier. [More...]

SQ 779 and the limits of direct democracy (Capitol Updates)

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 find past Capitol Updates archived  on his website. The Oklahoma Supreme Court this… Read more [More...]

Cuts to alternative education will come back to haunt us

Nothing is as critical to a young person’s future prospects as a high school diploma. Decades of research shows that those who drop out of high school are at significantly higher risk of being unemployed, living in poverty, and serving… Read more [More...]

An Oklahoma Agenda for Broad-Based Prosperity: A Better Budget

[See our companion issue agenda for better jobs & opportunities here.] [Download this fact sheet as a pdf.] The decisions that Oklahoma makes today about our state taxes and budget have a deep and enduring impact on our economic future.… Read more [More...]

ICYMI: “How Money Walks” has no leg to stand on

Note: Now that Kevin Durant has opted to leave the Thunder for the Golden State Warriors, at least half his income will be subject to California income tax, which assesses a top income tax rate of 13.30 percent. Whatever the… Read more [More...]

Oklahoma’s capital gains tax break is a windfall for the wealthiest with no proven benefit for the economy

One of Oklahoma’s largest tax breaks got no attention from legislators last year, despite its questionable legality, its questionable benefit for the economy, and a $1.3 billion budget shortfall that inspired legislators to go after many other tax breaks and… Read more [More...]