Issues
February 22, 2012 JLabor, Education & Pensions
February 21, 2012
Dear Gov Fallin,
On behalf of Americans for Prosperitys more than 23,000 activists in Oklahoma, I strongly urge you to oppose Senate Bill 1561 and House Bill 2586. These bills expand collection of sales and use taxes to corporations located outside of the physical borders of Oklahoma.
I urge you to oppose S.B. 1561 & H.B. 2586 when they come up for a vote.
Since the 1992 Supreme Court decision in Quill Corporation v. North Dakota, it has been recognized that states may only tax businesses with sufficient connection to a state (also known as nexus), typically defined by some physical presence. To meet this standard in Oklahoma, there must be a retail location, a warehouse, a distribution center or some other physical place of business employing individuals in the state.
February 21, 2012 JEnergy & Environment
Check out the pictures from our Business Leaders Luncheon on Feb. 17 with Dick Morris by clicking HERE.
February 20, 2012 JLabor, Education & Pensions
Oklahomas economy is finally showing signs of renewal. In 2011, personal income grew faster in Oklahoma than in any other state in the nation except the Dakotas. Our unemployment rate, 6.1 percent, is the eighth lowest in the nation. Actual tax revenues coming in have beaten revenue forecasts for seven consecutive months.
Lawmakers have an opportunity to lock in our path to economic prosperity. The proposal that can do this: lowering and gradually eliminating the income tax.
Lowering taxes boosts economies and increases residents incentive to work, produce, and save. When more money is left in the hands of individuals and businesses, they tend to buy more goods, invest in new equipment, and hire more workers.
The states with the best tax climates experienced an astounding 152 percent faster economic growth rate and created 445 percent more new jobs from 2000-2010 than those with the worst tax climates.
February 09, 2012 JLabor, Education & Pensions
Its hard to believe another state legislative session is already underway in Oklahoma. 2012 will prove to be an important year as lawmakers consider sweeping tax reforms that will eliminate Oklahomas income tax. While we encourage lawmakers to embrace these reforms to ensure long-term economic stability and an even better business climate, we hope they dont adjourn without also passing reforms to address the growing fees all citizens pay on our monthly phone bills.
Each month, phone users are taxed to support subsidies like the Oklahoma Universal Service Fund, which benefit the bottom lines of traditional land-line telephone companies. At their own discretion, these companies access and use taxpayer money to make up for revenue losses. For years, Oklahoma has stood by and allowed this tax cycle to go on without forcing these companies to adjust their business plans or their product offerings.
February 08, 2012 JLabor, Education & Pensions
Americans for Prosperity-Oklahoma Supports State Income Tax Repeal
OKLAHOMA CITY Americans for Prosperity Oklahoma supports Governor Mary Fallins plan to lower and eventually repeal the state income tax.
Governor Fallins income tax proposal will make Oklahoma a better place to find work, build a family, and pursue the American dream, says Stuart Jolly, State Director of Americans for Prosperity Oklahoma.
The governors plan would slash the income tax rate from 5.25 percent to 3.5 percent and gradually phase out the tax. Her plan comes amidst announcements of similar income tax repeal proposals in neighboring Missouri and Kansas and substantial tax relief proposals in seven other states.
