Hosted on MSN2mon
Could Oklahoma see an income tax cut? A look at the first bill filed in the Senate for 2025
Senate Bill 1, proposed by Sen. Micheal Bergstrom, R-Adair, would reduce Oklahoma's personal income tax rate by one-quarter of a percentage point every year until the rate equals zero. The ...
The Bond Buyer4d
Oklahoma projects lower revenue amid tax cut push
The state will have less money to spend in the upcoming fiscal year, according to projections certified in a process criticized by Oklahoma's attorney general.
The Frontier6d
‘We can’t afford it:’ Oklahoma Gov. Kevin Stitt wants to cut the state’s income tax
Stitt said we can't afford to not starting whittling away at Oklahoma's income tax rate. But others argue a cut could ...
Governor Stitt believes income tax cut is possible despite expected revenue shortfall
The Board of Equalization released some finalized numbers and said the state is underwater by around $350 million.