Co-authors: Josie Phillips, Policy Fellow and Paul Shinn, former Budget and Tax Senior Policy Analyst
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Oklahoma elected officials have called for state action to help Oklahomans who are struggling with inflation. The House of Representatives went so far as…
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By gavelling in for a special legislative session to address inflation relief, lawmakers have the opportunity to enact real and positive tax reform. The slate of bills introduced by House leadership offer little actual timely relief to the low- and…
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The FY 2023 budget makes some good and long-awaited investments in Oklahomans. It also misses several critical opportunities to make generational change, such as investing in common education and funding State Question 781.
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This year, Oklahoma lawmakers appropriated $10.68 billion to the state budget for Fiscal Year 2023, which begins on July 1, 2022. The FY 23 state budget includes some long-awaited investments in areas like access to mental health care and reducing the 13-year wait for services for individuals with developmental disabilities.
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The budget bills approved today by lawmakers — and now forwarded to the governor for consideration — reflect some good investments in Oklahoma, especially for youth and their families involved in the justice system and the hundreds of Oklahomans with intellectual and developmental disabilities who currently face a 13-year wait for services.
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NOTE: Policy Fellow Josie Phillips contributed to this analysis
Cutting the corporate income tax — which was proposed in the failed House Bill 4358 — overwhelmingly benefits wealthy and out-of-state corporations over everyday Oklahomans and locally owned businesses. The Senate…
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By:
Emma Morris
May 10, 2022 // Updated: April 18, 2024
Oklahoma lawmakers this session are considering a measure (House Bill 3353) that would strengthen the value of Oklahoma’s Sales Tax Relief Credit — commonly known as the “grocery tax credit” — to provide meaningful, targeted relief to the Oklahomans who most need it.
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By:
Emma Morris
April 20, 2022 // Updated: May 27, 2022
Cuts to the individual income tax rate are unfair to low- and middle-class families since they return the largest benefit to the wealthiest Oklahomans. Tax cuts now can devastate state revenue and funding for services like public education in future years.
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By:
Emma Morris
April 11, 2022 // Updated: April 11, 2022
Oklahoma is in a unique position this year to make a downpayment on the future of our state. Premature tax cuts will set the state up to fail; investments will allow us to thrive.
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By:
Emma Morris
March 17, 2022 // Updated: June 14, 2022
This legislative session, the Oklahoma legislature is set to consider several proposals that would significantly cut state revenue. Rather than cutting taxes, legislators must consider the state’s long-term fiscal health and its structural deficit by maintaining revenue streams this year and for years to come.
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