State of Oklahoma Archives: on Tax Reform


Mary Fallin: Tax cuts if fiscally possible and politically possible

Oklahoma Gov. Mary Fallin was noncommittal Thursday about whether her proposed budget for next fiscal year will include an income-tax cut after receiving projections that revenues available for appropriation will be down $170.8 million. "We're going to continue to talk to the Legislature about what is possible this legislative year as far as it relates to tax cuts," Fallin said. "We still believe in that as a state, but we do have a lot of other needs in Oklahoma."

The governor's spokesman was more succinct: "We have to see two things: What's fiscally possible and what's politically possible."

The governor said she continues to support philosophically the idea of a tax cut and believes lowering taxes is important in successfully competing with other states. Whether to once again push for a tax cut is a hot topic at the Capitol after the Oklahoma Supreme Court struck down a law that called for incremental state income tax cuts tied to economic growth.

Source: The Oklahoman on 2014 Oklahoma Governor race Dec 20, 2013

Mary Fallin: Oklahoma Way: best place for tax dollars is family's pockets

Oklahomans have worked hard and made sacrifices to get where we are today. We sure don't want to go backwards. And what would take us backwards? Just look at Washington.

Partisan gridlock and political posturing take us backwards. Trampling the Constitution and jeopardizing our freedoms, like our right to keep and bear arms, takes us backwards. Tax increases and reckless spending also take us backwards.

Those are the Washington ways that weigh this country down--that propel us towards fiscal cliffs, recessions and depressions, and give us more of the same.

But the Oklahoma Way is different--we know the best place for taxpayer dollars is in the pockets and bank accounts of Oklahoma families, not funding bigger government or more bureaucracy.

Source: 2013 State of the State to Oklahoma Legislature Feb 4, 2013

Jim Bridenstine: High taxes inhibit economic growth and job creation

Q: Do you support spending on infrastructure projects for the purpose of job creation?

A: No.

Q: Do you support the temporary extension of unemployment benefits?

A: No.

Q: Do you support the 2010 temporary extension of tax relief?

A: Yes. Private capital investment drives economic growth and job creation. Free markets weed out businesses the public is unwilling to support but money-losing, government-supported businesses can and do persist indefinitely. The federal government has nothing at risk when it "invests" tax payer money. When offering subsidies, tax incentives and loan guarantees the government inappropriately chooses winners and losers. The Obama Administration's economic policies have inhibited recovery from the recession that began in 2007. I support extension of the 2010 tax relief and making the tax cuts permanent because high taxes inhibit economic growth and job creation.

Source: Oklahoma Congressional 2012 Political Courage Test Oct 30, 2012

Jim Inhofe: Make the 2001 and 2003 tax cuts permanent

Rice said he supports certain tax cuts and opposes a windfall-profits tax. Inhofe, with the help of several slides, announced his economic recovery plan, which would divert a portion of the recent $700 billion Wall Street bailout to the FDIC and the Federal Reserve to shore up the banking system and money markets. Inhofe’s plan also includes making the 2001 and 2003 tax cuts permanent, relaxing limits on individual retirement account contributions and temporarily eliminating the capital gains tax.
Source: 2008 Oklahoma Senate Debate reported in The Oklahoman Oct 15, 2008

Andrew Rice: Government’s basic functions must be well funded

Tax Policy: Andrew Rice is a “competence-in-government Democrat”. His record on taxes shows he will work to ensure that American taxpayers are getting their money’s worth from their federal government. Oklahomans know that in today’s world, you get what you pay for. Rice believes that government’s basic functions like national defense, law enforcement, disaster relief and recovery, infrastructure, education and health care for the poor must be well funded and efficiently managed.
Source: 2008 Senate campaign website andrewforoklahoma.com “Issues” Jun 3, 2008

Andrew Rice: Has not supported a tax increase; does support investment

Rice has not supported a tax increase. He helped craft a Senate bill that would grant Oklahoma families a back-to-school sales tax holiday during the days before public schools convene. However, when the Oklahoma House expanded the bill to include millions of dollars in additional tax cuts, he voted no because he believes the lost revenue will result in reduced services. An industrial recruiter told him that prospective employers are bypassing Oklahoma because the state doesn’t invest in itself.
Source: 2008 Senate campaign website andrewforoklahoma.com “Details” May 21, 2008

Andrew Rice: No tax increases in Oklahoma, but no tax cuts either

State Sen. Rice has not supported a tax increase and he helped craft a Senate bill that would grant Oklahoma families a back-to-school sales tax holiday during the days before public schools convene in August. However, when the House of Representatives expanded the bill to include millions of dollars in additional tax cuts, he voted no because he believes the lost revenue will result in reduced services. Oklahoma already imposes the lowest tax burden on its residents among the 50 states.
Source: 2008 Senate campaign website andrewforoklahoma.com “Issues” Mar 30, 2008

Frank Keating: Government spending is not the government’s money

We understand that the money we spend here is not our money. It belongs to the men and women of our state who earn it day-by-day, hour-by-hour, for the purpose of putting their children through school, permitting themselves to have a safe and secure retirement. This year we will have a significant surplus to spend or to give back in the nature of tax cuts. But look what we’ve done in the course of the last five years -- nearly six years now. We have made significant progress in giving back some of the money to the people. We enacted the largest tax cut ever in state’s history. We cut the income tax from seven percent to six-and-three-quarters percent. And, no great surprise, because we are permitting more Oklahomans to keep more of their money, our state is more prosperous than ever before.
Source: 2001 State of the State address to Oklahoma legislature Feb 5, 2001

Frank Keating: Lower state income tax rate from 6.75% to 3.75%

We have analyzed what has held us back, and one of those reasons is we tax everything. Oklahoma’s high marginal income tax rate chills savings and investment and it is at the same rate as the capital gains tax. So if you have a small business in Oklahoma, you will leave the state to sell it and we will lose you, your productivity, your investment and your genius forever. That is unacceptable.

I propose to cut the state income tax by half a point and to continue that half point cut over the next six years. This will lower Oklahoma’s rate to 3.75%, which is lower than all of our neighbors, except Texas. Oklahoma’s current high marginal rate of 6.75% is a scandal. It is higher than Kansas, higher than Missouri, higher than Colorado. And, of course, it is higher than Texas that has no tax at all. With a top rate kicking in at $10,000 for a single person, it is far more punitive to our lower income residents than even the tax systems of Arkansas and New Mexico. It’s time to lower it.

Source: 2001 State of the State address to Oklahoma legislature Feb 5, 2001

Frank Keating: Reduce and ultimately abolish the estate tax

We have talked about the estate tax and we have worked around the edges, but we haven’t done what we have to do. To save Oklahoma’s family farms and businesses, we need to become a federal pick up state and slowly, but ever so surely, reduce and ultimately abolish the estate tax. It is a non-budget item; we can do it this year.
Source: 2001 State of the State address to Oklahoma legislature Feb 5, 2001

  • The above quotations are from State of Oklahoma Politicians: Archives.
  • Click here for definitions & background information on Tax Reform.
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2012 Presidential contenders on Tax Reform:
  Democrats:
Pres.Barack Obama(IL)
V.P.Joe Biden(DE)

Republicans:
Gov.Mitt Romney(MA)
Rep.Paul Ryan(WI)
Third Parties:
Green: Dr.Jill Stein(MA)
Libertarian: Gov.Gary Johnson(NM)
Justice: Mayor Rocky Anderson(UT)
Constitution: Rep.Virgil Goode(VA)
Peace+Freedom: Roseanne Barr(HI)
Reform Party: André Barnett(NY)
AmericansElect: Gov.Buddy Roemer(LA)
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Page last updated: Feb 02, 2014