|
|
|
The Shawnee News-Star
  • Okla. Democrats, superintendents oppose tax cut

  • OKLAHOMA CITY (AP) — Oklahoma House Democrats and some school superintendents are renewing their opposition to plans by Republican leaders to slash the state's personal income tax.
    • email print
  • OKLAHOMA CITY (AP) — Oklahoma House Democrats and some school superintendents are renewing their opposition to plans by Republican leaders to slash the state's personal income tax.
     
    Superintendents from three school districts joined House Democrats on Wednesday to blast Gov. Mary Fallin's proposal to cut Oklahoma's top personal income tax rate from 5.25 percent to 5 percent.
     
    Fallin has made cutting the state's income tax a priority. She says it will make the state more attractive to business and help improve the overall economy. When fully implemented, the .25-percent cut will cost the state about $120 million annually.
     
    Democrats maintain that the money is desperately needed to offset several years of declining state funding for education, coupled with an increase in the number of public school students.

        calendar