Oklahoma Governor Mary Fallin is starting to feel surrounded. On her state's southern border, Texas has no income tax. Now two of its other neighbors, Missouri and Kansas, are considering plans to cut and eventually abolish their income taxes. "Oklahoma doesn't want to end up an income-tax sandwich," she quips.
On Monday she announced her new tax plan, which calls for lowering the state income-tax rate to 3.5% next year from 5.25%, and an ambition to phase out the income tax over 10 years. "We're going to have the most pro-growth tax system in the region," she says.
AFP will have a Happy Birthday President Reagan one-day ad that will play TOMORROW (Feb. 6) - mainly on CNN and The Weather Channel, with a play during Fox & Friends and The Five on FOX. The ad is called Two Visions. Check it out! It will also be posted on the AFP-National website.
As the 2012 legislative session begins, it is important to remember that ending a tax credit or deduction without an offsetting tax cut is a tax increase.
When you end a credit or deduction, you take income away from the taxpayer and give it to the government. This is undeniably a tax increase.
The road to economic freedom starts here.
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Prosperity and opportunity begin when government gets out of the way. That’s why Americans for Prosperity is working hard to win major policy victories on the local and state levels and make sure your voice is heard loud and clear by our elected officials.
