ARDMORE, OK--A potential bill could have Oklahomans seeing a reduction in how much they pay in state income tax. After two weeks of heated debate, Thursday evening Oklahoma Lawmakers came to an agreement on a tax cut plan.
The plan calls for cutting Oklahoma's top personal income tax rate of 5.25 percent down to 4.8 percent by next year. Oklahoma Governor Mary Fallin said lowering the income taxes will help make the state appear more attractive to businesses and industries.
The new plan also simplifies the tax code by dropping the total number of tax brackets from seven to three. New rates will be set at 1 percent, 3.3 percent and 4.8 percent depending on income levels.
Posted: 05/23/13 - Julie Luton of Bonham took home the top honor of the evening at the recent volunteer banquet hosted by the Fannin County Children’s Center. Luton was named the CASA Volunteer of the Year for her work in advocating for abused and neglected children in foster care. Read More
Posted: 05/22/13 - (Idabel, Okla.) – For anyone interested in learning more about building preservation, Idabel Main Street will host “Historic Building Maintenance,” a workshop on the care and maintenance of the historic district, June 25th, from 5:30pm – 7:00pm, at the Idabel Public Library. Read More
Posted: 05/08/13 - The Sherman Public Library is very excited about our upcoming Summer Reading Club for children and teens. Children ages birth-11 can Dig into Reading and join the Youth Summer Reading Club. The theme for the Teen Summer Reading Club this year is Beneath the Surface and it is open to teens ages 12-18. Read More
