OCPA: Local officials warn SQ 832 could pressure local budgets
The report says current and former municipal officials are raising concerns that wage mandates could lead to higher taxes, utility rates or service cuts.
The report says current and former municipal officials are raising concerns that wage mandates could lead to higher taxes, utility rates or service cuts.
Business leaders from across state gathered in Tulsa last week for the Oklahoma Business Roundtable's annual Membership Meeting, where the leaders delved into the results of this year's Business Leaders Poll.
Oklahoma's tax sources were up in March, except for the gross production tax.
The Oklahoma House of Representatives passed a bill to replace the three-pronged apportionment formula that the state uses to calculate corporate income tax.
Gov. Kevin Stitt delivered his annual State of the State address Monday, promoting an agenda focused on workforce, tax change and education and infrastructure development.
The Legislative Office of Fiscal Transparency (LOFT) released a report stating their recommendations for modernizing taxes on Oklahoma businesses.
The State Chamber of Oklahoma released its agenda for the 2023 legislative session, a plan that includes revitalizing workforce and creating a positive tax policy.
Tax changes went into effect for states across the nation on Jan. 1, and Oklahoma saw some noteworthy changes.