New bill would devastate a key tax credit for Oklahoma working families

Yesterday, a letter signed by more than 150 Oklahoma clergy was delivered to lawmakers and Governor Fallin, urging them not to slash key tax credits for working families to fix the state’s revenue problems. They were joined by numerous non-profit… Read more [More...]

New budget plans would go after low-income parents to fix state’s revenue problems

Oklahoma’s massive budget shortfall means that lawmakers face stark choices this year. They can choose devastating cuts to Oklahoma public schools, health care, and other essential services. Or they can shore up the state’s finances and invest in a stronger… Read more [More...]

The tax shift rears its head

Last week the Oklahoma Senate Finance Committee approved SB 977, a bill that would suspend 23 tax credits for the next two years as a way to partially address the state’s massive budget shortfall. While the bill targets numerous credits,… Read more [More...]

To help kids, help parents

mother and child About 168,000 children age 5 and younger in Oklahoma live in low-income families (making less than 200 percent of the poverty threshold, or $47,000 for a family of four). Like most families in America, the parents of these young children … Read more [More...]

Guest Post (Indivar Dutta-Gupta): EITC Even Better for Children than We Thought

Indivar Dutta-Gupta is a Policy Advisor for the Center on Budget and Policy Priorities (CBPP). This post originally appeared on the Off The Charts blog. We previously showed that the Earned Income Tax Credit (EITC) for low-income workers lifts more… Read more [More...]

The conservative anti-poverty program

In all of the major income tax proposals this year (including the plan announced yesterday by Senate Republicans), the Earned Income Tax Credit (EITC) has been targeted for elimination. That’s strange, because lawmakers have made no clear argument for why we should lose this… Read more [More...]