Okla Groups Want to Stop State income Tax Reduction

Okla Flag

With the state facing a $611 million budget hole, more than 90 Oklahoma businesses, foundations and nonprofit agencies are asking the governor and Republican legislative leaders to halt a scheduled income tax cut. … from 5.25 percent to 5 percent, beginning Jan. 1 … The governor and legislative leaders have consistently said they have no plans to stop the tax cut from taking effect. …

[The budget should be balanced, but what would be best is to cut the income tax altogether and let the resultant influx of business boost the economy.

[They're only dri