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.
Friday, May 24 2013 12:12 PM EDT2013-05-24 16:12:27 GMT
OKLAHOMA CITY (AP) - The Oklahoma Senate has approved a bill to provide various tax breaks to property and vehicle owners who suffered losses in Monday's tornado that tore through Moore and left 24
The Oklahoma Senate has approved a bill to provide various tax breaks to property and vehicle owners who suffered losses in Monday's tornado that tore through Moore and left 24 people dead.
Friday, May 24 2013 10:00 AM EDT2013-05-24 14:00:54 GMT
OKLAHOMA CITY Okla_ AAA Oklahoma will be offering Tipsy Tow over the extended Memorial Day holiday period. The service is free and open to the public. A tow for your car and a ride home for you are available
AAA Oklahoma will be offering Tipsy Tow over the extended Memorial Day holiday period. The service is free and open to the public.
Friday, May 24 2013 9:07 AM EDT2013-05-24 13:07:47 GMT
Wichita Falls, TX- One person is dead and two others are recovering following a rollover crash in Texoma. It happened in Wichita Falls around 11 p.m. Thursday on Loop 11. Police are still investigating
One person is dead and two others are recovering following a rollover crash in Texoma.
Friday, May 24 2013 9:03 AM EDT2013-05-24 13:03:16 GMT
Anadarko- A former California man is facing a murder charge in Caddo County after another man was found dead. Investigators say they found 34-year-old David Roberts' body inside a vehicle about five-miles
A former California man is facing a murder charge in Caddo County after another man was found dead.
Friday, May 24 2013 8:14 AM EDT2013-05-24 12:14:47 GMT
OKLAHOMA CITY (AP) _ Oklahoma lawmakers are hoping to adjourn the 2013 Legislature one week earlier than required. Lawmakers hope to wrap up their work for the year on Friday. The Legislature is constitutionally
Oklahoma lawmakers are hoping to adjourn the 2013 Legislature one week earlier than required.
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