In the months leading up to this session, two separate task forces recommended reducing Oklahoma’s personal income tax beginning this session, with the goal of ultimately scrapping the tax. The panels — Gov. Mary Fallin’s Task Force on Economic Development and Job Creation and the legislative Task Force on Comprehensive Tax Reform — differed in […]
personal income tax
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Point: Creating a boomtown in OKC
One strategic move that would create an economic boom in the metro would be for Oklahoma to phase out the state personal income tax. Can you imagine the boom that would happen throughout the OKC metro area if this happened? Places like the vibrant and growing Paseo Arts District and all of its entrepreneurs would […]