The down low on taxing downloads

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… Read more [More...]

Is this the year Oklahoma takes action to stop losing millions in unpaid online sales taxes?

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… Read more [More...]

Should Oklahoma broaden the sales tax to more services?

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… Read more [More...]

Tobacco tax revenue declined last year. Here’s why that’s mostly good news.

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… Read more [More...]

Oklahoma’s gas tax needs a tune-up

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… Read more [More...]

Online Sales Tax: While Rome burns and Congress fiddles, states can act

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… Read more [More...]

Surprise! States without an income tax have higher sales and property taxes

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… Read more [More...]

An expert's take on Oklahoma's new sales tax compliance law

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… Read more [More...]

Bridging the gap (1): Revisiting the vendor sales tax discount

With state revenue collections seeing their steepest plunge in a generation, Oklahoma is enduring a tough year of state budget cuts that are already having a harmful effect on families, communities and the economy. However, while the severity of this… Read more [More...]

Better Served: States are encouraged to broaden sales tax base

Should states be looking at broadening their sales tax bases to cover more currently untaxed services? That is the argument made in a recent paper by Michael Mazerov of  the Center on Budget and Policy Priorities: Most states could improve… Read more [More...]