Free Market Friday: Lessons from Connecticut
June 9, 2017 - 8:24am CDT
Oklahoma is in a recession compared to 2014, after more than 21,800 energy and manufacturing jobs have been cut, when Oklahomans have lost more than $13 billion in taxable income and reduced their purchases subject to sales and use tax by $4.1 billion just to survive.
Throughout the entire 2017 legislative session, we heard the-sky-is-falling rhetoric from politicians and lobbyists. We were told Oklahoma must increase revenue, political speak for raising taxes, or state agencies will face dire consequences.
Read the rest over on The Journal Record.