Budget & Tax

It’s (still) time for tax reform

Oklahoma has a chance to stay ahead of the curve this legislative session with an increase in revenue creating an environment where significant tax reform is being seriously discussed at the state Capitol.

Curtis Shelton
January 20, 2023
Budget & Tax

Abundant tax revenue provides opportunity for reform

With collections continuing to grow, lawmakers have ample wiggle room to enact significant tax reform while keeping a relatively flat budget.

Curtis Shelton
January 5, 2023
Budget & Tax

As other states cut taxes, it’s time for Oklahoma to act

While fears of a recession may make some lawmakers hesitant to cut taxes, the people of Oklahoma can’t take a back seat to the government they support.

Curtis Shelton
December 20, 2022
Budget & Tax, Education

Oklahoma offers lavish teacher benefits, study shows

Oklahoma’s public-school teachers face no out-of-pocket expense for their health insurance premiums because state government foots the entire tab. That’s far more generous than what most other states offer—even though the taxpayer cost of providing that perk is escalating rapidly in Oklahoma, according to a new state report.

Ray Carter
December 16, 2022
Budget & Tax, Education

Non-teaching staff surge limits Oklahoma teacher pay raises

Not only has the staffing surge cost teachers money, it has shown no effect on student outcomes.

Curtis Shelton
November 21, 2022
Budget & Tax

State savings on pace to grow

New data now show the state is on pace to add even more money to the state’s “rainy day” fund at the end of the ongoing budget year due to surplus collections.

Ray Carter
November 18, 2022
Budget & Tax

Unfunded mandate proves headwind to state retirement system

Although the funded status of the Oklahoma Teachers’ Retirement System (OTRS) improved dramatically for a decade, an unfunded benefit-increase mandated by lawmakers in 2020 effectively eliminated four years’ worth of continued progress, according to data presented to lawmakers.

Ray Carter
November 1, 2022
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