Budget & Tax
Curtis Shelton | March 27, 2023
Fast facts on Oklahoma state and local taxes
Curtis Shelton
In 2020, Oklahoma’s total state tax collections were $10.5 billion. Local sales and property taxes totaled $6.7 billion. In all, then, Oklahomans paid $17.2 billion in state and local taxes.
With 3.98 million people in the state, per capita tax collections were $4,331. That means a typical family of four paid $17,324 in state and local taxes. This is after all other credits, deductions, and exemptions are considered. Some of these larger tax-relief options used in Oklahoma are the child-care tax credit that paid out $43 million, the EITC ($16 million), and the zero-emissions tax credit ($88 million).
By way of comparison, the proposed school-choice tax credit in HB 1935 would provide $10,000 in tax relief for a family of four choosing private education, leaving the typical family still paying $7,324.
Oklahoma’s per capita income in 2020 was $49,878, according to the state’s Comprehensive Annual Financial Report.
Curtis Shelton
Policy Research Fellow
Curtis Shelton currently serves as a policy research fellow for OCPA with a focus on fiscal policy. Curtis graduated Oklahoma State University in 2016 with a Bachelors of Arts in Finance. Previously, he served as a summer intern at OCPA and spent time as a staff accountant for Sutherland Global Services.