Oklahoma Policy Institute has been an active participant in the debate over the proposed elimination of reduction of the state personal income tax. Listed below are presentations, fact sheets, blog posts, and other information we've prepared related to tax reform, as well as links to media coverage of the issue.
Fact Sheets
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What You Can Do (February 2012) An action alert briefly explaining why it's important to save the state income tax and what you can do today to get involved.
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Budget Trends and Highlights (January 2012): The recession, ongoing phase-in of tax cuts, and proliferation of tax exemptions led to precipitous revenue declines in FY ’09 and FY ’10, which we have only partially recovered from.
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The Tax Shift (January 2012): The proposals of the tax reform task force would hike taxes for most Oklahomans and would especially hurt seniors and families with children.
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8 Reasons Why Oklahoma Should Preserve The State Income Tax (November 2011): Based on the OK Policy issue brief, "The Case for the Income Tax," this concise, 1-page fact sheet lays out why cutting the state income tax is a bad idea.
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Oklahoma Individual Income Tax Basics (August 2011): This fact sheet explains three important concepts for understanding Oklahoma's income tax: 1) taxable income, 2) tax brackets, and 3) effective tax rates.
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10 Things You Should Know About Oklahoma's Budget and Tax System (June 2011): Here are ten facts to help anyone better understand Oklahoma's budget and tax system. A great conversation starter!
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Cutting Oklahoma's top income tax rate: Who benefits? (February 2011): An analysis of who benefited from the last top-down cuts to the state income tax. More attempts to lower the top rate would have similar disproportionate benefits for the wealthiest Oklahomans.