By:
Emma Morris
March 17, 2022 // Updated: June 14, 2022
This legislative session, the Oklahoma legislature is set to consider several proposals that would significantly cut state revenue. Rather than cutting taxes, legislators must consider the state’s long-term fiscal health and its structural deficit by maintaining revenue streams this year and for years to come.
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By:
Dave Hamby
May 13, 2021 // Updated: May 13, 2021
More than 100 days into this current legislative session, Oklahoma lawmakers emerged from weeks of closed door discussions to release details for the coming year’s state budget.
Based on the information presented during a Thursday afternoon media conference, we’re pleased…
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By:
Paul Shinn
April 7, 2021 // Updated: April 6, 2021
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.
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By:
Steve Lewis
March 1, 2021 // Updated: March 1, 2021
House Speaker Charles McCall announced last week his intention to work on legislation to reduce the personal income tax and to eliminate the corporate income tax over five years. Last Tuesday, McCall removed his House Bill 2041 from the Rules…
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By:
Paul Shinn
April 15, 2020 // Updated: March 2, 2021
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.
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By:
David Blatt
July 10, 2019 // Updated: July 10, 2019
Tax breaks for seniors cost Oklahoma an estimated $310 million annually and do little to help the seniors most in need, according to a new report from the Center on Budget and Policy Priorities.
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By:
Paul Shinn
April 15, 2019 // Updated: May 2, 2019
I’ve had it. Why can’t we make society work without taxes? I’m willing to try, I think, as I doze off…
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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
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…
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By:
Gene Perry
November 9, 2017 // Updated: May 2, 2019
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…
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By:
Gene Perry
October 18, 2017 // Updated: May 2, 2019
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…
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