Law & Principles
Jonathan Small | December 1, 2017
SQ 640 protects taxpayers
If you want to regulate speech, you belittle the First Amendment. If you want to confiscate guns, you vilify the Second Amendment.
In Oklahoma, if you want to reach into taxpayers’ wallets for more cash, you denounce the constitutional protections established by State Question 640, which was approved by voters in 1992.
In case some forgot, 640 is that annoying rule on revenue-raising measures. With it, voters took back some of their power. The measure first calls for Oklahoma voter approval on tax increases. Or, alternatively, the Legislature could pass tax increases with a supermajority of at least 75 percent in each chamber.
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.