We have better options than a costly and poorly-targeted income tax cut

Lawmakers should set aside both of these bills and have a broader discussion about whether it's more important to broadly cut taxes than to provide public services, invest in our state’s future, save for the next economic downturn, or provide better-targeted tax reduction. [More...]

This year we can improve our social insurance programs to encourage work and support working families

Every one of us will suffer if we don’t help those whose income, health, and food security have been most damaged by the pandemic. We have the means to provide that help, but we must find the will. [More...]

Our new benefits simulator helps families understand assistance programs and helps support better policies

OK Policy’s simulator is a menu-driven Microsoft Excel worksheet in which users input details about a family to see how assistance programs help them at various hours of work and hourly wages. [More...]

New report shows the importance of assistance programs to Oklahoma families

The report shows how many Oklahomans need assistance from these programs and how the programs lift many out of poverty. It shows how programs interact to make resources available to families. [More...]

New OK Policy report shows intricate, fragile interconnectedness of public assistance programs for Oklahomans in need

A new report from the Oklahoma Policy Institute — entitled “Plateaus and Cliff Effects in Oklahoma” —  is among the first of its kind to examine how public supports and income interact to impact low-income Oklahomans. [More...]

Oklahoma’s working families need a tax cut. Here’s why

Contrary to talking points from state boosters, Oklahoma is not a low tax state for all Oklahomans. Our regressive tax system ensures that low-income Oklahomans pay more in taxes, as a share of their income, than high-income taxpayers. [More...]

The EITC is an effective poverty-fighting tool, and Congress should make it more effective

The Earned Income Tax Credit (EITC) is one of the most effective anti-poverty programs in America. Despite its effectiveness, one in four Oklahoma households that are eligible for the EITC do not claim the credit. The rules setting out who can claim the credit are extensive and challenging to understand, and as a result many people simply don’t bother. Unfortunately, that means these families are not getting the help they very much need to thrive. If Congress were to simplify the rules around the EITC, they could make this already effective anti-poverty tool even more effective. [More...]

This Veterans Day, honor those who served by helping them get ahead

Oklahoma is home to more than 260,000 veterans, and good policy choices like restoring the Oklahoma Earned Income Tax Credit (EITC) would help them and their communities be economically stable.  [More...]

Restoring the Earned Income Tax Credit is necessary and overdue

When the Legislature ended Oklahoma’s Earned Income Tax Credit (EITC) refundability in 2016, they reduced an essential tax benefit for over 200,000 Oklahoma families. Prior to that change, if the amount a family received from the EITC was larger than… Read more [More...]

End of Session Round-Up: Missed opportunities to improve financial security

We told you in February that the Legislature would have several opportunities to improve the lives of hard-working Oklahomans and their families. Unfortunately, only a few of these measures passed. [More...]