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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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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By:
Emma Morris
February 6, 2023 // Updated: February 6, 2023
As Oklahoma’s 2023 legislative session begins, the perennial push for tax cuts that would shrink state revenue will likely return. In 2022, leaders of the Oklahoma House of Representatives championed tax cuts – primarily focusing on reducing the personal income…
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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:
Emma Morris
February 7, 2022 // Updated: May 27, 2022
At a time when many Oklahomans are struggling to put food on the table and are at risk of eviction, a more robust Sales Tax Relief Credit can help put money back into the pockets of those who need it most. Doing so would bolster family finances, make purchasing food more cost-effective, and stimulate our local economies.
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While there are arguments to pass a vape tax as a public health measure, it would likely be an insufficient and unstable way to fund a public program as crucial to our health as Medicaid.
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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
February 12, 2019 // Updated: May 2, 2019
Some of the fiercest battles of recent legislative sessions have centered on tax policy as lawmakers debated competing tax proposals to limit funding cuts and provide teachers a raise. This year, thanks to a strong economy and recent tax increases, the state's budget outlook is greatly improved. Yet even if the stakes are lower, lawmakers still filed hundreds of bills this session that would revise Oklahoma's tax system.
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By:
David Blatt
October 23, 2018 // Updated: May 2, 2019
As online commerce has grown into an ever-increasing share of the U.S. economy, Oklahoma and other states have struggled with the problem of lost tax revenue from untaxed sales. A major Supreme Court ruling this past June, combined with actions…
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This session has seen the Oklahoma Legislature take a couple of important steps towards addressing the problem of untaxed online sales. These bills and reforms from earlier sessions are moving Oklahoma closer to an even playing field when it comes…
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