So for brevity’s sake, let’s say that Oklahoma has $1 billion of income tax revenue that is replaced by some other nondeductible revenue. Further, let’s assume that 30 percent of all income is by lower income workers who do not itemize. Finally, say that the average federal rate for that upper 70 percent is 25 […]
taxes
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‘Confederacies of municipal dunces’
—“Jefferson County (Alabama) Files for Bankruptcy” (wire services) because it couldn’t meet their sewer bond obligations. The local municipal leaders of Jefferson County have led their community down into the sewers. —“Trimmed TIF: Cost overruns and funding shortfalls have (OKC) city planners looking for ways to save money on Project 180” (Clifton Adcock, Nov. 9, […]
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‘Wealth’ of information
So for brevity’s sake, let’s say that Oklahoma has $1 billion of income tax revenue that is replaced by some other nondeductible revenue. Further, let’s assume that 30 percent of all income is by lower income workers who do not itemize. Finally, say that the average federal rate for that upper 70 percent is 25 […]
Posted inNews
‘Confederacies of municipal dunces’
—“Jefferson County (Alabama) Files for Bankruptcy” (wire services) because it couldn’t meet their sewer bond obligations. The local municipal leaders of Jefferson County have led their community down into the sewers. —“Trimmed TIF: Cost overruns and funding shortfalls have (OKC) city planners looking for ways to save money on Project 180” (Clifton Adcock, Nov. 9, […]
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Trimmed TIF
One of the major funding sources for Project 180, the Devon tower tax increment finance district, is not bringing in as much money as hoped, officials said. Coupled with cost overruns on current and already completed Project 180 work, the shortfall has city planners looking for ways to save money. A plan is currently on […]
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Trimmed TIF
One of the major funding sources for Project 180, the Devon tower tax increment finance district, is not bringing in as much money as hoped, officials said. Coupled with cost overruns on current and already completed Project 180 work, the shortfall has city planners looking for ways to save money. A plan is currently on […]
Posted inNews
Trimmed TIF
One of the major funding sources for Project 180, the Devon tower tax increment finance district, is not bringing in as much money as hoped, officials said. Coupled with cost overruns on current and already completed Project 180 work, the shortfall has city planners looking for ways to save money. A plan is currently on […]
Posted inNews
Mitt happens
The fundraiser for Romney’s campaign began at 8 a.m., cost $500 per-person or $2,500 for photo opportunities and was closed to the media. The second fundraiser, — which cost $20.12, with the money going to the state GOP — was held afterwards. Romney gave a stump speech to the crowd and took a few questions […]
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‘Batchelder logic’
Some facts intervene with this illogic. We added roughly $607 billion per year to the debt under the Bush administration … a shabby record no doubt, and one I deplore. But the first three years of the Obama administration have added an average of $1.116 trillion annually to the deficit. At that rate, four years […]
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Counterpoint: GOP undermines funding
In an ideal world, tuition-free, public college education, well-funded by the government, would be the best way to create a more educated, informed citizenry. College-educated people lead healthier lives and make this country and state more prosperous through innovation and creativity. Investing in higher education is paramount for any state that wants to thrive by […]