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.
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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.
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By:
Dave Hamby
January 24, 2024 // Updated: January 24, 2024
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.
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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
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During the past few decades, Oklahoma has become one of the nation’s…
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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.
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By:
Emma Morris
January 8, 2024 // Updated: January 7, 2024
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.
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By:
Emma Morris
September 14, 2023 // Updated: September 28, 2023
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.”
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Oklahoma should…
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• Current Tax Cut Proposals Don’t Help Most Oklahomans [Printable PDF]
With less than two weeks left in the 2023 legislative session, lawmakers have very little time remaining to reach agreement on, reveal, and adopt the Fiscal Year 2024 state…
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One of the most deeply ingrained myths about immigrants who are undocumented is that they don’t pay taxes. In reality, immigrants without documentation pay taxes in multiple ways and contribute more to the U.S. and state economy than they receive…
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By:
Emma Morris
March 30, 2023 // Updated: January 25, 2024
Call to Action
Contact your lawmakers to urge them to oppose across-the-board, untargeted tax cuts and other handouts for wealthy Oklahomans and out-of-state companies.
• Contact your lawmaker
• Current Tax Cut Proposals Don’t Help Most Oklahomans [Printable PDF]
With…
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