Who really wins from tax cuts? (Hint: It’s probably not you) 

During today’s State of the State address, the governor is expected to renew his call for cutting taxes in Oklahoma. The "path to zero" is a dangerous road. [More...]

FACT CHECK: How would the governor’s proposal to cut, eliminate personal income tax affect Oklahoma?

Gov. Stitt has called for cutting then eliminating the state's personal income tax. Here is an estimate of how it would impact Oklahomans and what it would cost. [More...]

Fact Check: How much would Oklahomans save with a 0.5% personal income tax cut?

Proposal Gov. Stitt has proposed a 0.5% cut to the state’s individual income tax rate. (January 29, 2025) Related: This income tax cut would be his first proposed step to eventually eliminate the state’s personal income tax, which he calls… Read more [More...]

Tax credits are anti-poverty tools | Oklahoma Senate Interim Study | Oct. 10, 2024

Targeted tax credits can be used as a tool to fight poverty in Oklahoma. The tax system is a critical part of the safety net with more than a third of all public support for U.S. families delivered through tax provisions. Hence, tax credits can drastically decrease poverty. [More...]

Oklahoma should adopt IRS Direct File

Oklahoma can opt in to Direct File for the 2025 tax season, which would offer taxpayers free and easy filing by integrating our state online tax filing tool. [More...]

National experts say Oklahoma is part of a damaging tax-cutting trend

Attempts by Oklahoma elected officials to reduce or eliminate the state’s personal income tax are part of a national tax-cutting trend that could undermine funding for the shared services that can move our state out of the bottom 10 states for quality of life and overall well-being for all Oklahomans. [More...]

Comments from OK Policy’s Shiloh Kantz, on Jan. 24 National Press Call about Cutting State Taxes

Media Release: National experts say Oklahoma is part of a damaging tax-cutting trend For more information, contact Dave Hamby, Oklahoma Policy Institute, (918) 810-0182, dhamby@okpolicy.org – – – During the past few decades, Oklahoma has become one of the nation’s… Read more [More...]

New national study shows Oklahoma’s tax system worsens inequality, among the nation’s most unfair

Oklahoma’s tax system is upside-down, with everyday Oklahomans paying a far greater share of their income in taxes than wealthy residents. Proposals to eliminate the state’s income tax would widen this disparity, according to the latest edition of the Institute on Taxation and Economic Policy’s Who Pays?, the only distributional analysis of tax systems in all 50 states and the District of Columbia. [More...]

Lawmakers cut corporate income taxes while polls show corporations should pay their fair share

most Americans feeling that corporations should pay more in taxes, and most businesses prioritize public services that rely on that tax revenue; Oklahoma must maintain or increase its corporate tax revenue in coming years.  [More...]

Everyday Oklahomans will be hurt by sweeping revenue cuts

NOTE: On Sept. 11, 2023, Gov. Stitt called for a special session in October 2023 to address tax reforms. One of the items included in the governor’s request was a “path to zero income tax.”  – – – Oklahoma should… Read more [More...]