By:
David Blatt
February 27, 2017 // Updated: September 22, 2023
A centerpiece of Gov. Mary Fallin’s FY 2018 Executive Budget is her proposal to expand the sales tax base on services. As she explained in her State of the State address:
“As the economy in the United States has shifted…
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This weekend, many Oklahomans will flock to the stores to take advantage of the state’s annual three-day sales tax holiday weekend. Since 2007, shoppers are allowed to buy clothing items under $100 free of state and local sales tax during…
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One of the recurring revenue options that Gov. Mary Fallin laid out in her FY 2017 Executive Budget involved “modernizing the sales tax.” This was presented as something of a catch-all category described as “keeping the same low rates and…
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Among her proposals to address the state’s enormous budget hole in last month’s State of the State address, Governor Mary Fallin called for “sales tax modernization.” Modernization could have several components, including broadening the sales tax to cover more services…
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By:
David Blatt
February 11, 2016 // Updated: May 2, 2019
As part of her effort to close the state’s budget shortfall and avoid devastating cuts, Gov. Mary Fallin has proposed $910.5 million in additional revenues in her FY 2017 Executive Budget. The largest revenue item involves changes to the sales…
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By:
David Blatt
August 13, 2014 // Updated: May 2, 2019
In 2004, Oklahoma voters approved SQ 713, which increased the excise tax on cigarettes and other tobacco products while eliminating the state and local sales tax on these products. The new revenues from the increased taxes were dedicated to a…
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By:
Gene Perry
January 13, 2014 // Updated: May 2, 2019
In 1987, the median family made $21,691. Today they make more than twice as much. In 1987, the average gas price was $1 a gallon; today it is nearly $3. In that year, the Oklahoma Gazette voted Remington Park Race…
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By:
David Blatt
October 30, 2012 // Updated: May 2, 2019
The problem of untaxed Internet sales is gaining new prominence. As we wait on Congress for a permanent fix, there are actions that Oklahoma can take immediately to create a more level-playing field for our local brick-and-mortar businesses.
The Oklahoma…
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By:
Gene Perry
March 22, 2012 // Updated: May 2, 2019
States without an income tax rely on other taxes to fund government. Far from discovering magical, revenue boosting powers by not having an income tax, these states simply charge higher sales and property taxes.
A new report from the Center…
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One measure adopted this session to mitigate the extent of budget cuts was HB 2359, which aims to increase the collections of taxes owed on purchases made over the Internet or by other remote retailers. After opposition emerged, the final…
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