By:
Gene Perry
August 13, 2013 // Updated: May 2, 2019
This post originally ran on our blog this past January
Like most state tax systems, Oklahoma takes a much larger share from middle- and low-income families than from wealthy families, according to the fourth edition of “Who Pays? A Distributional…
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Last week, the Office of Management and Enterprise Services (OMES) announced monthly General Revenue (GR) collections for June, bringing Fiscal Year 2013 to a close. While Finance Secretary Preston Doerflinger’s candid assessment of plunging gross production revenues grabbed the headlines,…
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By:
Gene Perry
July 8, 2013 // Updated: May 2, 2019
During the debate over Oklahoma’s most recent income tax cut, one House lawmaker speaking in favor of the bill waved a book in the air that he said showed why cutting taxes further would help Oklahoma’s economy. The book was…
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By:
Gene Perry
June 20, 2013 // Updated: May 2, 2019
Even as Governor Fallin and legislative leaders were patting themselves on the back for this year’s legislative session, one Republican lawmaker sounded a discordant note. Rep. David Dank, R-Oklahoma City, awarded the session a “C-minus at best,” saying it was…
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By:
Gene Perry
May 30, 2013 // Updated: May 2, 2019
OK Policy’s annual Budget Highlights issue brief is one of the most informative and accessible ways to track Oklahoma’s public spending.
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Last week’s announcement of April General Revenue (GR) collections seemed to signal great news for the state. Revenues were up almost $90 million, or 14.7 percent, from the same month a year ago and exceeded the estimate by 15.1 percent.…
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Note: A version of this post appeared in the Journal Record
After two years of effort, Governor Fallin and legislative leaders finally succeeded in cutting Oklahoma’s top income tax rate. For those who have been actively opposing tax cuts as…
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By:
Gene Perry
May 8, 2013 // Updated: May 1, 2019
Last week, Governor Fallin and legislative leaders announced a state budget deal for 2014 that is being considered by the Legislature as HB 2301. Here’s what you need to know.
In real dollars, appropriations remain significantly below pre-recession years
Although…
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By:
Gene Perry
May 1, 2013 // Updated: May 2, 2019
Oklahoma Policy Institute released the following statement on the Legislature’s passage of the tax cut and Capitol renovation bill, HB 2032:
The Legislature’s approval of another tax cut ignores economic reality. Because they were under pressure to restore funding to…
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As legislators consider a final vote on a tax cut that would ultimately reduce state revenues by over $230 million, the state could be facing unexpected liabilities in the hundreds of millions of dollars due to a court case challenging…
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