A day without taxes…

I’ve had it. Why can’t we make society work without taxes? I’m willing to try, I think, as I doze off… [More...]

2018 Policy Priority: Restore the Income Tax on High Incomes

See the full list of our 2018 policy priorities. Download this fact sheet as a PDF. Background Since the mid-1990s, Oklahoma’s top income tax rate has been reduced from 7 percent to 5 percent. The most recent top rate cut… Read more [More...]

How Oklahomans would fare under the Congressional GOP tax plan

A new analysis of the Congressional GOP tax plan reveals that in Oklahoma, the wealthiest 1 percent will receive the greatest share of the total tax cut in year one, and their share would grow through 2027. The value of the… Read more [More...]

Oklahoma taxes are the lowest in our region, and falling

This week the Oklahoma Department of Mental Health and Substance Abuse Services began alerting care providers that they will have to shut down the state’s entire outpatient behavioral health system, with just a few exceptions, if lawmakers don’t find ways… Read more [More...]

Trigger Warning: Legislature sets itself up for another ill-timed income tax cut

This time last year, Oklahoma was in the middle of a massive budget crisis. As revenues came in below projections, the state twice made across-the-board budget cuts that hit our schools, health care, roads, and other key building blocks of our… Read more [More...]

The Kansas tax cut experiment has a close cousin in Oklahoma

On January 28th, OK Policy’s annual State Budget Summit will include a keynote presentation on “The Failed Kansas Experiment.” In 2012, Kansas enacted major income tax cuts and totally eliminated the personal income tax for owners of certain businesses. Kansas… Read more [More...]

‘End the income tax’ broken record plays on

In a recent House interim study led by Rep. Mark McCullough, lawmakers returned to a subject that has been attempted several times in Oklahoma’s recent history. They once again looked at eliminating Oklahoma’s income tax or transforming it into a… Read more [More...]

Slashing taxes further is not the path to a strong economy

When any company leaves Oklahoma, it can mean hard times for the employees and their families. As a state and a community, we should offer support to those families and make sure workers have what they need to move on… Read more [More...]

Avoid ‘naked tax cuts with none of the pay fors’ (Guest post: Oklahoma Economic Report)

This article originally appeared in State Treasurer Ken Miller’s monthly newsletter, the Oklahoma Economic Report. At the dawn of a new legislative session, current government expenses once again exceed expected revenues and agencies are lining up with $2 billion in… Read more [More...]

Tax cut trigger shoots Oklahoma deeper into hole

Last month, the Board of Equalization certified that revenues will grow enough next year to trigger a cut in the state’s top income tax rate. At the same time, the Board determined that the state will have nearly $300 million… Read more [More...]