By:
David Blatt
June 5, 2019 // Updated: February 16, 2022
Strong oil and gas tax collections, due in substantial part to lawmakers’ willingness in 2017 and 2018 to restore the gross production tax to higher rates, are a major contributor to the state’s fiscal health.
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State Question 800 will be on the ballot on November 6, 2018. Download this fact sheet as a PDF or download all five State Questions as a single PDF. Visit our 2018 State Questions and Elections page for more information on Oklahoma ballot measures and elections. …
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By:
Gene Perry
January 25, 2018 // Updated: May 2, 2019
See the full list of our 2018 policy priorities.
Download this fact sheet as a PDF.
Background
Oklahoma’s historical tax rate on oil and gas drilling is 7 percent, but a special tax break gives the industry a 2 percent…
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By:
Gene Perry
November 6, 2017 // Updated: May 2, 2019
In a recent editorial, The Oklahoman newspaper accused critics of Oklahoma’s huge tax breaks for the oil and gas industry of ignoring reality. They wrote that the claim that oil and gas companies pay far less taxes in Oklahoma than…
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By:
David Blatt
February 14, 2017 // Updated: May 2, 2019
One certainty about the 2017 legislative session is that tax breaks for the wind industry are going to be a prime target for lawmakers looking for ways to address the state’s short-term budget gap and long-term structural budget deficit. Close…
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Derek Wietelman is an OK Policy summer intern. He is an Oklahoma State University student pursuing a double major in statistics and political science, with minors in economics and environmental economics, politics, and policy.
Last May, U.S. Senators Sheldon Whitehouse…
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By:
Guest
February 11, 2015 // Updated: May 2, 2019
Editor’s Note: Wind power is a growing source of energy production in Oklahoma that is drawing close scrutiny at the state Capitol. Is wind production beneficial to Oklahoma’s economy and communities? Should the state continue to provide the industry with…
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For Oklahoma’s elected officials looking to increase funding for education, the sensible solution can be found right under our feet. By doing away with what has become an increasingly unnecessary and unaffordable tax break, every school district and every school…
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By:
Gene Perry
January 13, 2014 // Updated: May 2, 2019
In 1987, the median family made $21,691. Today they make more than twice as much. In 1987, the average gas price was $1 a gallon; today it is nearly $3. In that year, the Oklahoma Gazette voted Remington Park Race…
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By:
David Blatt
December 13, 2012 // Updated: May 2, 2019
With all the attention last legislative session on the failed attempt to do away with the state personal income tax, a potentially bigger story seems to have escaped most people’s notice: the effective disappearance of the gross production tax.
This…
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