Articles
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Budget & Tax
Stitt seeks income-tax cut
Gov. Kevin Stitt announced he will seek to cut Oklahoma’s personal income tax from the current rate of 4.75 percent to 4.25 percent this year—while also putting the state on a path to eliminating the tax altogether.Ray Carter | January 29, 2025
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Budget & Tax
A look at Oklahoma public safety spending
Funding for the Oklahoma Department of Public Safety has been mostly flat over the last two decades, with small ups and downs through the years.Curtis Shelton | January 24, 2025
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Budget & Tax
The tax race is on—and Oklahoma is losing
In the race to attract entrepreneurs and business capital, we’re in a 50-state race—and Oklahoma is starting to fall behind.Jonathan Small | January 20, 2025
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Budget & Tax
Bills to repeal Oklahoma income tax increase in number
Another state lawmaker is urging his colleagues to repeal Oklahoma’s personal income tax, which is often referred to as the state’s penalty on work and investment.Ray Carter | January 16, 2025
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Budget & Tax
Oklahoma’s tax-cut progress has stalled
Earlier this century Oklahoma made great strides in reducing its penalty on work, the state income tax. That progress has stalled out, however, even as other states have picked up the pace on tax cuts.Curtis Shelton | January 9, 2025
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Budget & Tax
Oklahoma attracts movers, but income tax still a deterrent
New data from U-Haul show that Oklahoma remains one of the nation’s most popular states for middle-class families looking for a new start.Ray Carter | January 7, 2025
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Budget & Tax
States continue cutting income tax, beating Oklahoma
States across the nation continue cutting income-tax rates. The trendline has Oklahoma falling behind in the race to attract investment and job creation.Ray Carter | January 6, 2025
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Budget & Tax
‘Tis the season for state agency wish lists
Oklahoma state agencies are asking for $854 million more than they got last year.Curtis Shelton | December 17, 2024
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Budget & Tax
Oklahoma income-tax repeal must be a priority
Having passed an income-tax repeal plan in 2024, there’s no reason House lawmakers cannot do the same thing again in 2025, especially since it now appears Senate Republicans are on board.Jonathan Small | December 16, 2024
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Budget & Tax
Oklahoma losing high-income earners
Since 2012 Oklahoma has lost 158 returns with an adjusted gross income of over $200,000. This resulted in a net loss of $652 million in income.Curtis Shelton | December 11, 2024