An income tax credit during years of growth, rather than a full blown tax cut? I'm a bit skeptical of the idea (it's certainly a novel proposal that I've never heard of before).
Senate Appropriations Committee Advances Tax Reform Measures to Strengthen Oklahoma’s Economy
OKLAHOMA CITY (March 6th) – The Senate Appropriations Committee passed a series of tax reform measures aimed at simplifying Oklahoma’s tax code, providing relief to individuals and businesses and promoting economic growth.
Senate Bills 304, 299, 291, and 60, authored by Senator Dave Rader, R- Tulsa, and Adam Pugh, R-Edmond, address income tax structure, corporate tax fairness and taxpayer relief mechanisms.
