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T.W. Shannon on Technology

 

 


Consistently opposes bond issues to pay for infrastructure

Shannon has consistently opposed any effort for a bond issue to pay for state infrastructure improvements, and he has pushed for deeper cuts to the state's income tax, despite projections that the state will have about $170 million less to spend next year. He also is pushing to make permanent a generous tax subsidy to the oil and gas industry that is costing the state hundreds of millions of dollars annually.

"If we're serious about addressing the needs of state government, we need to be serious about growing our economy, and raising taxes is not the way to do that," Shannon told the AP in an interview earlier this month. "You do that by allowing people and businesses to keep more of the money they earn. When they do, they either spend it or invest it, and that's how you grow your state, not by raising taxes."

Source: Associated Press on 2014 Oklahoma Senate race , Jan 29, 2014

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