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City sales tax falls short of expectations

<span style="font-size:11.5pt;font-family:"Times New Roman"; mso-bidi-font-family:”Times New Roman”;color:black”>In a report issued to the city council this week, Oklahoma City’s combined sales and use taxes for the general fund were 2.3 percent below target for the year. By itself, sales tax collections were down 5 percent in March from initial forecasts. <span style="font-size:11.5pt;font-family:"Times New Roman"; mso-bidi-font-family:”Times New […]

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HiLo bartender Topher Sauceda Photo: Mark Hancock One such event is Saturday’s annual chili cook-off at HiLo Club, 1221 NW 50th St., to benefit Other Options Inc. “[It] was originally put together by longtime patrons and friends of the HiLo, Kendall Simpkins and Tracy Lansing,” said bartender Topher Sauceda. “For four years now, we have […]

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Hmm … more corporate tax breaks?

The Sooner state is at No. 36, which means only 14 other states impose overall tax structures that are more burdensome. The ranking was unchanged from the 2013 report. However, there was good news. Property tax collections averaged $642 per person, the fourth lowest nationally. Meanwhile, the state’s income tax system consists of seven brackets […]

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Chesapeake Energy campus Credit: Mark Hancock Despite being a vocal critic in 2005 of China’s efforts to buy the American oil company Unocal, he has declined comment regarding Chesapeake Energy’s recent $1.02 billion joint venture with a Chinese oil company for part of Chesapeake’s holdings in northern Oklahoma and southern Kansas — acreage in the […]

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Deck those halls

Stephanie Humes at A Date with Iris Credit: Mark Hancock Warm-drink sipping, cold-weather loving, holiday music-listening into them. Probably my favorite part, if I were forced to list only one thing other than cooler temps, would be the decorating. Transforming living spaces that are normally calm and serene into fantastical displays of pine-cone-scented garland, complete […]

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More ‘new car smell’ on the way

“Inventory constraints finally hit the Japanese automakers this month but the recovery in supply appears quicker than first anticipated,” said Jesse Toprak, vice president of industry trends and insights for TrueCar.com. The firm also found that used car sales will end at an estimated 3,814,291 in May, representing an increase of 3.4 percent from April, […]

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That new car smell

Audi reported sales of 7,812 cars and SUVs in January, up 20 percent from the previous January. It also surpassed that month’s sales record, set in 2010 with 6,510 vehicles sold. This month’s results continue Audi’s strongest sales year in the U.S., grabbing 8.6 percent of the market at the close of 2010. Chrysler’s January […]

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