OKLAHOMA CITY (AP) - Governor 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 February 4th.
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.
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Posted: 06/17/2013 - ARDMORE, Okla. —The Samuel Roberts Noble Foundation announced the 2013-2014 recipients of the Sam Noble Scholarships this week, awarding $140,000 in scholarships to 10 southern Oklahoma students.
Posted: 06/13/2013 - DURANT, Okla. -- Southeastern Oklahoma State University has scheduled Camp SE for June 23-24, July 21-22 and July 28-29 on campus.
Updated: 06/10/2013 - (LEONARD,TEXAS) -- Leonard residents are worried that piles of tires sitting at a vacant service shop are attracting mosquitoes and endagering their health
