STATEMENT: Failure of tax cuts is great outcome for Oklahoma

Oklahoma Policy Institute released the following statement in response to the announcement that there will be no tax cut this session: The failure of every tax cut proposal that was debated this session is a victory for Oklahoma. The Legislature… Read more [More...]

STATEMENT: Latest tax plan is desperate effort that hasn't been thought through

Oklahoma Policy Institute released the following statement in response to the newest tax cut plan from the House: The latest House plan (details here) is a nakedly political effort to pass anything that can be called a tax cut, even… Read more [More...]

Guest Blog (Steve Ellis): Income tax opponents offer nothing new in the Wall Street Journal

Stephen Ellis, Ph.D., is Associate Professor in the Department of Philosophy at the University of Oklahoma. His research areas include philosophy of economics, decision theory, philosophy of mind and ethics. The Oklahoma income tax ‘wars’ have gone national!  The latest… Read more [More...]

Graph of the Day: State support for schools has fallen while enrollment rises

NOTE: This post has been updated to reflect slightly revised numbers in state aid funding for FY 2008 and FY 2012. The text has been corrected to correspond. The FY 2013 budget agreement announced yesterday provides no increase in state… Read more [More...]

Tax cuts for some, tax hikes for others

Will Oklahoma families pay higher or lower taxes under HB 3061, the tax plan agreed to last week by Governor Fallin and legislative leaders? The answer depends on a number of variables, including household income, family size, and whether or… Read more [More...]

STATEMENT: Budget leaves Oklahoma further behind

Oklahoma Policy Institute released the following statement in response to the state budget deal announced today: According to today’s budget agreement, appropriations for core services remain flat even though expenses continue to rise. That means we will fall further behind… Read more [More...]

Flawed trigger proposal language could create serious unintended problems

In addition to an immediate cut in the top income tax rate from 5.25 to 4.8 percent,  the tax plan agreed to last week by Governor Fallin and legislative leaders includes an automatic future tax cut tied tied to revenue… Read more [More...]

Tax cut proposal Q & A

NOTE: This post has been updated as new information becomes available Yesterday, the Governor and legislative leaders announced agreement on a ‘joint proposal for income tax reduction and tax code simplification’. (Click here for a summary and here for HB… Read more [More...]

STATEMENT: Tax deal sets wrong priorities for Oklahoma

Oklahoma Policy Institute released the following statement in response to the tax plan from Governor Fallin and Republican legislators: We are glad to see that Governor Fallin and legislators have backtracked significantly from the most reckless tax cut proposals they… Read more [More...]

Claims for Oklahoma tax cut not OK

This post was written by Nick Johnson, Vice President for State Fiscal Policy with the Center on Budget and Policy Priorities. This originally appeared on the Center’s Off the Charts blog and is reposted with permission. Yesterday’s Wall Street Journal… Read more [More...]