OK Policy's issue brief is based on revenue forecasts for FY '12 - FY '15. Our main findings include:

An OK Policy issue brief explains why proposals from some state leaders to repeal or reduce the state's income tax are ill-advised. Its main findings:

In 2004, Oklahoma voters approved a series of measures that created the Oklahoma Education Lottery (SQ 705 & SQ 706), authorized and regulated tribal and racetrack gaming (SQ 712) and increased tobacco taxes (SQ 713) to generate new revenues to help fund education and health care. In these revised and updated 1-page fact sheets, we look at how these revenue sources operate, the amount of annual revenue collections from each source and where the revenues have been allocated.

Lottery, Gaming and Tobacco (Combined 3-page factsheet)

 Oklahoma Policy Institute presented to the Task Force on Comprehensive Tax Reform on September 15, 2011. You can view the presentation here or download it as a PDF. Read coverage of the meeting from the Oklahoman or meeting notes taklen by Watchdog Oklahoma.

Tax Reform Tax Force Presentation (09-15-11)

Taxes on activities that negatively impact the public good, sometimes known as “sin taxes,” are one form of taxation that has historically received widespread support. An OK Policy issue brief makes the case that increasing Oklahoma’s tax on alcoholic beverages is worth considering as a way to better fund crucial public services and reduce threats to public health and safety due to alcohol abuse. The brief addresses the history of Oklahoma’s alcohol tax , the prevalence of alcohol use, and the costs associated with alcohol-related abuse.

A new fact sheet from Oklahoma Policy Institute explains the basic of Oklahoma's individual income tax. The income tax is the largest source of state revenue, making up about one-third of all tax collections. The fact sheet explains three important concepts for understanding Oklahoma's income tax: 1) taxable income, 2) tax brackets, and 3) effective tax rates.

Here are ten facts to help anyone better understand Oklahoma's budget and tax system. A great conversation starter! Download the fact sheet, or click on any of the links for additional information from one of OK Policy's publications