Articles
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Budget & Tax
Oklahoma Senate committee advances new tax-reform plan
Members of the state Senate are considering legislation that would lower Oklahomans’ tax burden by eliminating several of the six current tax brackets in Oklahoma’s code.Ray Carter | April 29, 2025
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Budget & Tax
Iowa is cutting its personal income tax
Over the last five years, Iowa cut its top personal income tax rate from 8.98 percent to 5.7 percent.Curtis Shelton | April 24, 2025
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Budget & Tax
What Oklahoma could learn from Ohio’s tax-cut experience
Ohio’s experience with personal income-tax cuts gives us a glimpse of what could have happened here had Oklahoma not stalled out on its income-tax journey.Curtis Shelton | April 21, 2025
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Budget & Tax
State tax competition is fierce
Oklahoma’s tax on work and investment—the personal income tax—remains among the highest in the region and across the country. Fortunately, Oklahoma lawmakers are taking this problem seriously.Jonathan Small | April 21, 2025
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Budget & Tax
This state slashed its income tax, yet state revenues grew
North Dakota’s income-tax rate has been cut in half over the last two decades, yet state revenues grew by 245 percent.Curtis Shelton | April 16, 2025
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Budget & Tax
OCPA praises Senate passage of income-tax repeal
OCPA President Jonathan Small today praised members of the Oklahoma Senate for voting to put the state income tax on a gradual path to full repeal.Staff | April 11, 2025
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Budget & Tax
Oklahoma Senate votes to gradually eliminate state income tax
Members of the Oklahoma Senate have voted to gradually eliminate Oklahoma’s personal income tax. The measure is now only one vote away from the governor’s desk.Ray Carter | April 10, 2025
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Budget & Tax
Phaseout of Oklahoma income tax continues to advance
Legislation that would gradually phase out Oklahoma’s tax on work and investment—the personal income tax—continues to move ahead, clearing its first Oklahoma Senate hurdle this week.Ray Carter | April 7, 2025
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Budget & Tax
Mississippi is beating Oklahoma (again)
Mississippi students are outperforming their Oklahoma peers when it comes to reading. Now, Mississippi officials are seeking to outpace Oklahoma in the race for jobs by eliminating the Magnolia State’s income tax.Jonathan Small | April 7, 2025
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Budget & Tax
Stitt: On taxes, Oklahoma can’t afford to be left behind
Gov. Kevin Stitt is continuing his push to gradually phase out Oklahoma’s tax on work and investment, the personal income tax, noting that other states are slashing their income-tax rates and threatening to leave Oklahoma behind.Ray Carter | April 3, 2025