Fallin to propose one-time tax cut to Legislature - KSWO, Lawton, OK- Wichita Falls, TX: News, Weather, Sports. ABC, 24/7, Telemundo -

Fallin to propose one-time tax cut to Legislature

Posted: Updated:

OKLAHOMA CITY (AP) _ Gov. Mary Fallin will urge lawmakers to consider a one-time tax cut with no offsetting loss of exemptions or deductions when the Legislature convenes on Feb. 4.

At a forum hosted by The Associated Press on Wednesday, Fallin said she will propose a permanent tax cut that she says will be ``responsible'' and lead to economic growth that will ultimately offset the lost revenue.

Fallin declined to say how much of a cut she will propose, adding that the details will be outlined in her State of the State address to lawmakers on the opening day of session.

Fallin says her plan will not include automatic triggers to further reduce the income tax rate if certain revenue conditions are met.

Oklahoma's top income tax rate is currently 5.25 percent.

  • Local NewsLocal NewsMore>>

  • Body found in Duncan business

    Body found in Duncan business

    Wednesday, July 30 2014 10:53 PM EDT2014-07-31 02:53:31 GMT
    News-InvestigationNewNews-InvestigationNew
    DUNCAN, Okla._Duncan police are investigating an unattended death after the body of a young adult male was found inside a Main Street business.Police say they were called to Thornton Pumping and Supply where a body was found. They do not suspect foul play, and say the death may have been accidental. The medical examiner was on scene, police are waiting for his report to complete their investigation.
    DUNCAN, Okla._Duncan police are investigating an unattended death after the body of a young adult male was found inside a Main Street business.Police say they were called to Thornton Pumping and Supply where a body was found. They do not suspect foul play, and say the death may have been accidental. The medical examiner was on scene, police are waiting for his report to complete their investigation.
  • 580 Rollergirls look to recruit new members

    580 Rollergirls look to recruit new members

    Wednesday, July 30 2014 7:06 PM EDT2014-07-30 23:06:15 GMT
    If you're looking for a new, competitive hobby that will make you sweat and test your pain tolerance, we've got one for you. The 580 Rollergirls are having an open recruitment this upcoming weekend.
    If you're looking for a new, competitive hobby that will make you sweat and test your pain tolerance, we've got one for you. The 580 Rollergirls are having an open recruitment this upcoming weekend.
  • Comanche graduates Presidential Scholar

    Comanche graduates Presidential Scholar

    Wednesday, July 30 2014 6:49 PM EDT2014-07-30 22:49:51 GMT
    A Comanche High School graduate has been honored with one of the nation's highest academic honors.
    A Comanche High School graduate has been honored with one of the nation's highest academic honors.
Powered by WorldNow
KSWO-TV, 1401 SE 60th Street
Lawton, OK 73501

Telephone: (580) 355-7000
Fax: (580) 357-3811
Email: news@kswo.com

All content © Copyright 2000 - 2014 Worldnow and KSWO. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.