Articles
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Budget & Tax
Biden tax plan points up the need for Oklahoma reform
Massive tax increases proposed by President Joe Biden and congressional Democrats provide another reminder of the need for state tax reform in Oklahoma.Curtis Shelton | September 20, 2021
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Budget & Tax
Cuomo’s retirement is $50K, but these Oklahoma pols are paid more
Embattled New York Gov. Andrew Cuomo resigned in August in the throes of a sex scandal. His tawdry behavior didn't stop him from filing for retirement benefits that will pay him $50,000 annually for the rest of his life.Curtis Shelton | September 2, 2021
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Budget & Tax
National debt threatens citizens’ futures, experts say
In the past year, federal deficit spending and associated national debt have exploded to previously unthinkable levels with ever-accelerating speed. That threatens the financial well-being of average citizens, experts warned during a recent Oklahoma City panel.Ray Carter | August 30, 2021
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Budget & Tax, Economy
To spur labor participation, remove the penalty on work
Oklahoma's unemployment rate has rebounded at a relatively faster clip than the rest of the country, but when it comes to the state's labor participation rate, the opposite is true.Curtis Shelton | August 11, 2021
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Budget & Tax, Education
Most schools get funding increase via ‘ghost student’ reform
A new report on "ghost students" confirms that the majority of districts will actually receive increased funding or face no change as a result of the law.Ray Carter | July 23, 2021
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Budget & Tax
Billions to spend with limited guidance
Approximately $11 billion in federal bailout funding is being dumped into the state of Oklahoma as the result of the passage of the federal American Rescue Plan Act.Ray Carter | July 22, 2021
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Budget & Tax
Oklahoma revenue numbers encouraging, but pro-growth reforms still needed
Oklahoma’s total gross receipts for fiscal year 2021 have come in at $14.3 billion, just $80 million less than what was collected in fiscal year 2019 when adjusted for inflation.Curtis Shelton | July 20, 2021
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Budget & Tax
Tax cuts put Oklahoma on a better path
This year, lawmakers took an important step to reduce or reverse that outflow by cutting the state penalty on work—Oklahoma’s income tax.Jonathan Small | June 28, 2021
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Budget & Tax
Review shows little benefit from TSET spending
In its latest report presented to lawmakers, the Legislative Office of Fiscal Transparency (LOFT) evaluated the outcomes generated by the Tobacco Settlement Endowment Trust spending over the past two decades.Ray Carter | June 21, 2021
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Budget & Tax
Oklahoma policymakers should beware the Biden spending binge
Late last month, most states, counties, and major cities across the country received 50% of their allotment from the bloated $1.9 trillion American Rescue Plan (ARP).Mike Mazzei | June 14, 2021