By:
Gene Perry
August 27, 2012 // Updated: May 1, 2019
In a recent blog post, we pointed out that while most core services have seen significant cuts in recent years, transportation has been spared. At a time when many state agencies were absorbing funding cuts of more than 20 percent,…
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By:
Gene Perry
August 20, 2012 // Updated: May 1, 2019
We’ve seen plenty of examples of cuts to our state’s core services in recent years, as well as chronic underfunding that is causing us to fall short of many of our common goals. One of the most dramatic examples is…
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By:
David Blatt
August 16, 2012 // Updated: May 1, 2019
This week’s announcement of General Revenue (GR) collections for the first month of the new fiscal year (FY 2013) provided mixed news for both overall collections and the performance of particular major taxes.
Overall GR in July was $382.7 million.…
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By:
David Blatt
August 15, 2012 // Updated: May 1, 2019
The past several years have put severe constraints on the state budget. State appropriations remain below their levels of four years ago. Many state agencies have absorbed funding cuts of over 20 percent, and most have been forced to cut…
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Without new revenue, federal deficit reduction efforts will lead to devastating cuts in federal support for education, transportation, law enforcement, the social safety net, and other state and local programs, according to a new report from the Center on Budget…
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This session, the Oklahoma legislature debated a slew of proposals to cut and, in some cases, eliminate Oklahoma’s personal income tax. While some proposals were revenue-neutral, doing away with tax credits and deductions to offset cuts to the top marginal…
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Peter Fisher is Research Director of the Iowa Policy Project. This is an abridged and edited version of a brief that was prepared as part of a larger research project critically examining several state economic competitiveness rankings published by national…
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Would an income tax cut foster so much economic growth that tax revenues would actually go up? In other words, can tax cuts pay for themselves? A new poll of 40 of America’s foremost economic experts was unable to find…
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By:
Guest
July 19, 2012 // Updated: May 2, 2019
Indivar Dutta-Gupta is a Policy Advisor for the Center on Budget and Policy Priorities (CBPP). This post originally appeared on the Off The Charts blog.
We previously showed that the Earned Income Tax Credit (EITC) for low-income workers lifts more…
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By:
Gene Perry
July 18, 2012 // Updated: May 2, 2019
Two state questions related to property taxes will be on the November ballot. SQ 758 would reduce the maximum annual increase in assessments of homes and agricultural land from 5 percent to 3 percent. SQ 766 would exempt all intangible…
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