Budget & Tax, Economy, Good Government

Stitt’s proposal would not be first change to state gaming compacts

While Gov. Kevin Stitt’s call to renegotiate Oklahoma’s gaming compacts has drawn opposition, Stitt’s proposal would not be the first alteration of those state-tribal agreements. In fact, just over a year ago, the compacts were indirectly revised. And the year-ago revisions drew opposition not from tribal governments, but from officials who felt the new agreement shortchanged state government.

Ray Carter
August 26, 2019
Budget & Tax, Economy, Good Government

Deregulation could spur state growth, lawmakers told

For Oklahoma lawmakers seeking to boost economic growth and job creation in Oklahoma, one expert says a key step is to pare down regulation. “There is considerable evidence, academic evidence, that regulations slow economic growth.” 

Ray Carter
August 26, 2019
Economy

Expert says gambling compacts need to better address addiction

The debate over renegotiation of Oklahoma’s gaming compacts with tribal governments has centered on the rates paid by tribes and the impact of renegotiation on state-tribal relations. But some experts say those discussions are overlooking another important factor.

Ray Carter
August 7, 2019
Economy

Tax cuts and economic growth

The debate over whether or not a tax cut will increase revenue misses the point. The purpose of a tax cut is to help grow the economy—and this is exactly what the Brad Henry-era tax cuts accomplished.

Curtis Shelton
June 18, 2019
Economy

Oklahoma migration may hold tax lessons

New research by Federal Reserve Bank officials shows “more people moved out of Oklahoma to live in other parts of the United States than moved in” during each of the past three years, reversing a prior trend of population growth.

Ray Carter
April 12, 2019
Budget & Tax, Economy

Oklahoma falls in national tax climate report

The Tax Foundation’s 2019 State Business Tax Climate Index ranks Oklahoma 26 overall. This is Oklahoma’s worst ranking in the last four years and five spots lower than last year.

Curtis Shelton
October 8, 2018
Budget & Tax, Economy

A look at the April economic report

The Oklahoma Treasurer’s monthly economic report was released this week highlighting April revenue collections. The Treasurer’s report shows a breakdown of total gross receipts collected for the month along with a breakdown of various economic measures for the state of Oklahoma.

Curtis Shelton
May 16, 2018