At the an income tax credit task force meeting when you look at the Sep, county Rep
Evans, an associate professor of business economics as well as the government director of Monetary Research & Plan Institute at Oklahoma Area University's Meinders School from Business, told you it's a good idea for the country's policymakers to use some off Texas' accomplishments once the a standard in which to gauge economic plan here in Oklahoma.
“Discover a common ideology indeed there which drives both capitols: trying to be expert-providers, seeking be reasonable-income tax in their own personal means,” he told you.
A snapshot of your state tax combination of Oklahoma and you may Texas, and therefore uses a money tax to simply help exchange funds missing away from its lack of an income tax.
“The theory you to just like the Tx does not have any county taxation you to definitely always Oklahoma do take advantage of following the same taxation merge is defective logic,” he told you.
Texas continues to grow, and you will jealous politicians and you can company frontrunners across the country this is where for the Oklahoma are seeking regulations so you're able to imitate.
Earl Sears, R-Bartlesville, asked an agent of Higher Oklahoma City Chamber when the he got data with the businesses that decided to discover during the Tx immediately after very first considering Oklahoma. The brand new affiliate said he previously studies from the and therefore people chosen almost every other states, but did not have information regarding why it ran someplace else.
Loads of national Tx envy is due to tax profits associated so you can oil and you may natural gas - a bonus Oklahoma offers using its southern neighbor, told you Manhood Lavine, an elder fiscal expert with the Heart getting Societal Plan Priorities, a keen Austin-established nonpartisan, nonprofit plan institute you to definitely concentrates on improving the monetary and you will public requirements out-of lowest- and you will average-income Texans.
