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OKLAHOMA CITY ... to the general fund sales tax. The new overall city sales tax rate is 4.125 percent, which is slightly more than the current 4 cents per dollar. The increase includes ...
Penny ante: A few cents here, a few cents there, and sales taxes can really add up, as Oklahomans know better than most. Oklahoma towns’ and cities’ heavy reliance on sales — and ...
Oklahoma City saw its most significant decline in sales tax collections in a single month this fiscal year, City Manager Craig Freeman told the council. The sales tax the city collects from the state ...
and per capita government spending in Oklahoma has been among the highest in the region. Russ said he doesn’t personally advocate for eliminating the income tax but believes that a lower rate is ...
To fully contextualize this situation, let’s run through a few charts: 1) Oklahoma has been cutting the top tax rate for more than a decade In the mid-1990s, Oklahoma’s top individual income ...
Despite the $500 million shortfall, Fallin said she was “thrilled” that Oklahoma’s economy grew enough to trigger the tax cut. Fallin said she’s convinced the lower tax rate will help lure ...
OKLAHOMA CITY ... tax break that is costing the state hundreds of millions of dollars has been signed into law. Legislation passed in 2014 provided a mechanism to reduce Oklahoma’s tax rates.
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