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Fracking: Good or bad? Is it that easy?

Many such lateral lines can be drilled from a single platform, and they sometimes extend up to two miles from the drill site. Harold Hamm, chairman and president of Continental Resources headquartered in Oklahoma City, was an early pioneer of these expensive, challenging and sometimes controversial techniques. I’m proud to say that Harold, now Oklahoma’s […]

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The good, the bad and the goofy

In other words: situation normal. Thirty-six months from now, you’ll enjoy an average tax reduction of 35 cents a day. Gov. Mary Fallin says that is necessary for Oklahoma to be more attractive to business decision-makers. Thirty-five cents daily more in our pockets with an effective date of 2016 doesn’t meet the smell test. Regardless, […]

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Miracle on 23rd Street: a tax cut

The long-expected agreement on this year’s scheme proposes to drop Oklahoma’s personal income tax rate from 5.25 percent to 5 percent effective Jan. 1, 2015. The net effect will be to provide a family of four earning about $40,000 an additional 50 cents a day in their pockets. This is not even “trickledown” economics, it’s […]

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Don’t bet on it

However, if more money is needed, the solution is easy. The gaming venues in our state annually send nearly $200 million in direct tax revenues to the Capitol for legislators to spend. Most men and women serving in that hallowed and falling-down building are Republicans, members of the same party that voted almost unanimously against […]

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Edge of the Abyss

As the national recession drags on, it has become abundantly clear that Oklahoma cannot avoid a financial disaster. Golden opportunities to invest in our future were lost when revenues were high. Without long-term vision, we failed to properly fund our “best” education system or improve our workforce development. Our state further failed to shrink government […]

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