Governor Fallin’s tax cut would do little to nothing for the average Oklahoman

In her State of the State address, Governor Fallin unveiled yet another proposal to cut Oklahoma’s income tax. Her plan is drastically scaled back from last year’s proposal, which attempted to stretch out Oklahoma’s tax brackets, cut the top rate… Read more [More...]

The dangers of cherry-picking facts

In a recent column for the Journal Record, Oklahoma Council of Public Affairs President Michael Carnuccio discussed Oklahoma’s latest Comprehensive Annual Financial Report (CAFR). The column was headlined “Fact are stubborn things.” Unfortunately, it left out many of the facts.… Read more [More...]

A closer look at Governor Fallin’s FY 2014 budget

On Monday, Governor Mary Fallin delivered her State of the State address and presented her FY 2014 Executive Budget. As we noted in our public statement, the Governor has proposed much more modest tax cuts than she did last year… Read more [More...]

STATEMENT: Governor’s proposed budget falls far short

Oklahoma Policy Institute released the following statement in response to Governor Fallin’s state of the state address and budget proposal: It is a positive sign for Oklahoma that the Governor has significantly scaled back her tax cut proposal from last… Read more [More...]

A low tax state for who?

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 Analysis of the Tax Systems in All 50 States,” released… Read more [More...]

Action Items for Oklahoma: Creating a 21st Century tax system

A new issue brief released today is the first of a seven part series by OK Policy to propose public policy action items for Oklahoma. These recommendations are aimed at improving the shared prosperity of all Oklahomans while maintaining a… Read more [More...]

Action Items for Oklahoma: Tax Reform

This is the first of a seven part series by Oklahoma Policy Institute to propose public policy action items for the state of Oklahoma. These recommendations are aimed at improving the shared prosperity of all Oklahomans while maintaining a fiscally responsible state budget. Read more. [More...]

The tax shift returns

Yesterday, Senator Patrick Anderson (R-Enid) filed legislation to replace Oklahoma’s income tax with a flat tax of 2.95 percent. Anderson’s bill would do away with Oklahoma’s current tax brackets and eliminate all income tax deductions, credits and exemptions, including credits… Read more [More...]

Revenue forecast confirms need for continued caution

In late December, the Board of Equalization certified a preliminary estimate of the revenues available for next year’s budget. The numbers confirm that while the worst of the fiscal crisis is now far behind us, the state remains in the… Read more [More...]

A response to The Oklahoman

A shorter version of this article was submitted to the Oklahoman as a letter to the editor. The version below was originally submitted as an op-ed, which The Oklahoman declined to publish.  A recent Oklahoman editorial takes issue with a… Read more [More...]