Articles
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Budget & Tax
Big-spending agencies on naughty list again
Oklahoma state agencies seem to believe they’re on Santa’s “nice” list: they have requested an additional $815 million in funding for fiscal year 2023. This includes $660 million in appropriated funds.Curtis Shelton | December 21, 2021
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Budget & Tax, Good Government
Union activism may undermine Oklahoma film-subsidy program
Oklahoma lawmakers voted this year to supersize the state’s film-subsidy program, boosting the program from $8 million in annual subsidies to up to $30 million.Ray Carter | December 14, 2021
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Budget & Tax
Oklahoma’s income tax, by the numbers
In 2012 Oklahoma’s top personal income-tax rate was 5.5 percent. After two rate cuts of a quarter of a percentage point, Oklahoma’s top income tax rate was 5 percent in 2021.Curtis Shelton | December 3, 2021
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Budget & Tax
Income-tax-cut trend continues
Recent action in North Carolina and Louisiana continues the tax-cut trend seen across the country. Both states are making changes to their tax code by simplifying their income tax structures and reducing rates for both individuals and corporations.Curtis Shelton | November 23, 2021
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Budget & Tax
How much does Oklahoma spend?
Over the last 10 years, total state spending has grown by 1.5 percent. However, the share of state spending funded by the federal government has fallen more than 12 percent in that same time.Curtis Shelton | November 18, 2021
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Budget & Tax
Inflation means tough decisions ahead
A dollar just doesn’t go as far as it used to.Curtis Shelton | November 1, 2021
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Budget & Tax
Cherokee chief says no Oklahoma income tax for Indians
Cherokee Nation Principal Chief Chuck Hoskin, Jr., said the U.S. Supreme Court’s decision in McGirt v. Oklahoma significantly increases the number of American Indian citizens who may now be exempt from paying Oklahoma state income tax.Ray Carter | October 27, 2021
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Budget & Tax
Biden’s tax hikes, spending spree would cause harm
Though the U.S. is nowhere close to becoming Venezuela, what is happening there should be a cautionary tale for the Biden administration.Curtis Shelton | October 21, 2021
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Budget & Tax
Tesla moving to no-income-tax Texas
Elon Musk’s announcement to move Tesla’s headquarters to Texas shouldn’t be a surprise to anyone. It is yet another in a long line of firms, including Hewlett Packard, Oracle, and Musk’s own SpaceX, that have moved to Texas.Curtis Shelton | October 13, 2021
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Budget & Tax
Public education money goes to private companies—again
Oklahoma City Public Schools recently made a change in how the district finds substitute teachers, the Oklahoma City Free Press reports.Curtis Shelton | October 7, 2021