Budget & Tax
Jonathan Small | May 26, 2017
A tribute to SQ 640
As the 2017 legislative session navigated through its final days with debates over budget gaps and proposed tax increases, some who love the idea of soaking the taxpayers for all they can get bemoaned the existence of one of the most important constitutional safeguards in state history – State Question 640, passed overwhelmingly by the voters in 1992.
If it wasn’t for that pesky 640, they wailed, we could jack taxes up as much as we want. This, of course, was precisely the purpose of that landmark constitutional amendment: to protect Oklahomans from tax consumers.
Read the rest over on The Journal Record.
Jonathan Small, C.P.A., serves as President and joined the staff in December of 2010. Previously, Jonathan served as a budget analyst for the Oklahoma Office of State Finance, as a fiscal policy analyst and research analyst for the Oklahoma House of Representatives, and as director of government affairs for the Oklahoma Insurance Department. Small’s work includes co-authoring “Economics 101” with Dr. Arthur Laffer and Dr. Wayne Winegarden, and his policy expertise has been referenced by The Oklahoman, the Tulsa World, National Review, the L.A. Times, The Hill, the Wall Street Journal and the Huffington Post. His weekly column “Free Market Friday” is published by the Journal Record and syndicated in 27 markets. A recipient of the American Legislative Exchange Council’s prestigious Private Sector Member of the Year award, Small is nationally recognized for his work to promote free markets, limited government and innovative public policy reforms. Jonathan holds a B.A. in Accounting from the University of Central Oklahoma and is a Certified Public Accountant.