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.
Tuesday, May 21 2013 11:52 PM EDT2013-05-22 03:52:14 GMT
LAWTON,Okla_Inattentive driving is being blamed for a two vehicle crash in Lawton Tuesday morning that sent two people to the hospital. It happened at the intersection of Bore Blvd and 4th Street around
Inattentive driving is being blamed for a two vehicle crash in Lawton Tuesday morning that sent two people to the hospital.
Tuesday, May 21 2013 11:36 PM EDT2013-05-22 03:36:30 GMT
COMANCHE COUNTY, Okla_The search is almost over for victims and survivors of the Moore tornado, and officials say they are almost certain there are no more. The death toll now stands at 24, and more
COMANCHE COUNTY, Okla_The search is almost over for victims and survivors of the Moore tornado, and officials say they are almost certain there are no more. The death toll now stands at 24, and more
Tuesday, May 21 2013 10:53 PM EDT2013-05-22 02:53:08 GMT
LAWTON,Okla_The Lawton Salvation Army is doing their part to help tornado victims. Their disaster kitchen crew is in Moore providing food and drinks to those in need. They loaded a truck full of snacks
The Lawton Salvation Army is doing their part to help tornado victims. Their disaster kitchen crew is in Moore providing food and drinks to those in need.
Tuesday, May 21 2013 7:39 PM EDT2013-05-21 23:39:28 GMT
MARLOW Okla_ Students in Marlow, OK hunkered down in their halls Monday, as a tornado touched down in Stephens County. 7News Reporter Sylvia Corkill found out more about the construction of a new elementary
Students in Marlow, OK hunkered down in their halls Monday, as a tornado touched down in Stephens County.
Tuesday, May 21 2013 7:04 PM EDT2013-05-21 23:04:04 GMT
CEMENT, Okla_ The same storm system from Fletcher that was packed with straight line winds and pounding hail forced Cement and Cyril residents to take cover early Tuesday. People say the storm was unexpected,
The same storm system from Fletcher that was packed with straight line winds and pounding hail forced Cement and Cyril residents to take cover early Tuesday.
Ever find yourself needing expert advice on a subject? Expert Connections is a section dedicated to helping local people find information about local companies. Here you'll find products and services from local people you know and trust.
