Fallin cuts top tax rate, says state revenue growth is enough.

[Hoss]

I know I do not understand why Hoss ties his wagon to you so much. Good to see others are picking up on it though. 

Hey, I have Southy...you've got your sleepover buddy, BB....

[Townsend]

That's right. I thought that was understood.

Already posted.

[Townsend]

Hey, I have Southy...you've got your sleepover buddy, BB....

Ever played cracker?

[Townsend]

Sauer's right.  Oklahoma's not as bad as it was last year compared to an overage of the rest of the nation.  Up one notch to 32nd.

http://www.tulsaworld.com/business/article.aspx?subjectid=51&articleid=20130130_46_E1_Therec908586

Oklahoma ranks low in financial stability

The recession’s lingering effects have taken an enormous toll on Oklahoma families, as more than two in five state residents have almost no savings for an emergency, according to a report released Wednesday by the national nonprofit Corporation for Enterprise Development. The 2013 Assets & Opportunity Scorecard ranks Oklahoma 32nd for the financial stability of its residents, up one notch from 33rd last year. The scorecard offers a comprehensive look at Americans’ ability to save and build wealth, fend off poverty and create a more prosperous future. It evaluates all 50 states and the District of Columbia on how their residents fare in terms of achieving financial security across 53 measures in five areas.

[Townsend]

Interesting site.

http://www.itep.org/whopays/

http://www.itep.org/pdf/ok.pdf

Major tax overhauls are on the agenda in a record number of states, and “Who Pays?” documents in state-by-state detail the precise distribution of state income taxes, sales and excise taxes and property taxes paid by each income group as of January 2013.  It is a critical baseline against which future proposals can be measured.

Most significantly, the report concludes that all states have regressive tax systems that ask more from low- and middle-income families than from the wealthiest.  It also finds:

- The average overall effective state and local tax rates by income group nationwide are 11.1 percent for the bottom 20 percent, 9.4 percent for the middle 20 percent and 5.6 percent for the top 1 percent

- Ten states with the most regressive tax systems are: Washington, Florida, South Dakota, Texas, Illinois, Tennessee, Arizona, Pennsylvania, Alabama and Indiana.

- States praised as “low tax” are often high tax states for low and middle income families.

[AquaMan]

If you're talking to the "kraut" you're way over his head. Compact it to a bumper sticker size.

[sauerkraut]

Fallin is correct, the growth of the economy will more than off-set any tax cuts. We really need to get rid of the state income tax totally. I heard the state of Kansas is thinking on getting rid of their state income tax. If they do that, Oklahoma will be stuck between two states with no income tax Kansas & Texas... Tax cuts help the economy ~ tax increases hurt the economy.

[heironymouspasparagus]

Fallin is correct, the growth of the economy will more than off-set any tax cuts. We really need to get rid of the state income tax totally. I heard the state of Kansas is thinking on getting rid of their state income tax. If they do that, Oklahoma will be stuck between two states with no income tax Kansas & Texas... Tax cuts help the economy ~ tax increases hurt the economy.

You just can't quite seem to get your head to work correctly, can you?

[Townsend]

You just can't quite seem to get your head to work correctly, can you?

Whoa Nelly, huh?

[heironymouspasparagus]

Whoa Nelly, huh?

He said;
Fallin is correct, the growth of the economy will more than off-set any tax cuts. We really need to get rid of the state income tax totally. I heard the state of Kansas is thinking on getting rid of their state income tax. If they do that, Oklahoma will be stuck between two states with no income tax Kansas & Texas... Tax cuts help the economy ~ tax increases hurt the economy.


When the sum total of reality on this planet has shown that there is no such thing as that first statement - it does not happen.  Doesn't happen on a Federal level, doesn't happen on a state level.  Without additional actions that actually end up raising the taxes previously reduced.

Now, in his universe, where his head may actually be working correctly, that may not be, but in this one....tax cuts can help the economy, but when you have roads that are falling apart, education that is being cut by over $100 million (with the $13 million 'make-up' money from casinos), prisons overloaded by double digit percentages, the capital building crumbling to dust, state employees who haven't had a raise in what - 6 years or so, etc, etc....they don't help the economy.

We also know for a fact that the states that don't have an income tax, compensate by raising other taxes, in particular property taxes - and in the case of Texas, disproportionally WAY more than the unavailable income taxes.  He has been told this repeatedly.  He could actually "lift a finger" to inform himself and become educated on the topic.  But no, he chooses to stay in that place where his head doesn't work correctly.

And hey, we're doing just fine with schools near the bottom, roads falling apart, prisons skirting close to the point where a Federal lawsuit is gonna reach out and touch someone...again.  And who cares if state employees never get a raise - there just a bunch of lazy slobs, anyway, aren't they...not worth the money we pay them now....

And the capital building - well, it's ok.  Nobody really expects much from us anyway, now, do they?

Make sense now?

[TheArtist]

I would like to see the state cut taxes but also allow the cities and or counties be able to levy those taxes if they see fit.  State government could disappear and the capitol building crumble to the ground for all I care.  Keep government as local as it can be, which would far better (no guarantee but better) ensure that our needs are heard and met.  Keep our tax money "in house" rather than sending it to OKC to pay for bureaucracy there when we can use it to pay for it here lol, if we so choose, and then them biting off a chunk and us having to go all the way there to beg for whats left, back? And then get swindled out of it most of the time to boot! lol. EVERYTHING thats "state funded" in our city, including education and healthcare, is actually funded by us anyway... so take out the danged middle man and let us do with our money as we see fit.   

[Townsend]

He said;
Fallin is correct, the growth of the economy will more than off-set any tax cuts. We really need to get rid of the state income tax totally. I heard the state of Kansas is thinking on getting rid of their state income tax. If they do that, Oklahoma will be stuck between two states with no income tax Kansas & Texas... Tax cuts help the economy ~ tax increases hurt the economy.


When the sum total of reality on this planet has shown that there is no such thing as that first statement - it does not happen.  Doesn't happen on a Federal level, doesn't happen on a state level.  Without additional actions that actually end up raising the taxes previously reduced.

Now, in his universe, where his head may actually be working correctly, that may not be, but in this one....tax cuts can help the economy, but when you have roads that are falling apart, education that is being cut by over $100 million (with the $13 million 'make-up' money from casinos), prisons overloaded by double digit percentages, the capital building crumbling to dust, state employees who haven't had a raise in what - 6 years or so, etc, etc....they don't help the economy.

We also know for a fact that the states that don't have an income tax, compensate by raising other taxes, in particular property taxes - and in the case of Texas, disproportionally WAY more than the unavailable income taxes.  He has been told this repeatedly.  He could actually "lift a finger" to inform himself and become educated on the topic.  But no, he chooses to stay in that place where his head doesn't work correctly.

And hey, we're doing just fine with schools near the bottom, roads falling apart, prisons skirting close to the point where a Federal lawsuit is gonna reach out and touch someone...again.  And who cares if state employees never get a raise - there just a bunch of lazy slobs, anyway, aren't they...not worth the money we pay them now....

And the capital building - well, it's ok.  Nobody really expects much from us anyway, now, do they?

Make sense now?

Yeah, I was agreeing with you.

[sauerkraut]

You just can't quite seem to get your head to work correctly, can you?

Ya mean like Obama's economy? Obama is  raising taxes more and more and the economy is choking because of it... You Never  raise taxes in a recession. Taxes need to be cut, we are not under taxed, the government is spending too much. The national economy could be fixed real fast and easy-  the national  unemployment rate which just increased to 7.9% last month  could be slashed easy by getting rid of the choking regulations on business and cut taxes, encourage growth not punish growth. How fair is it that half the population pay zero taxes and still get a EIC tax refund? That needs to stop.. The government is the problem. Ronald Reagan nailed it when he said "Government that governs the least, governs the best" Get governemt  off people's backs and let people keep more of what they earn. Don't punish investments. The EPA should be done away with too, Let the states do the EPA's job. Mary Fallin has Oklahoma's economy strong with a unemployment rate of 5% by doing things right. Obama has the national economy in shambles by doing everything wrong, Obama is using old tired policys that always failed in the past, Remember  Jimmy Carter's economy? That's why the national unemployment rate is so high, and the real U-6 unemployment rate is around 15%...Gasoline is high because we can't drill. Obama is destroying our nations economy..

[Townsend]

Ya mean like Obama's economy? Obama is  raising taxes more and more and the economy is choking because of it... You Never  raise taxes in a recession. Taxes need to be cut, we are not under taxed, the government is spending too much. The national economy could be fixed real fast and easy-  the national  unemployment rate which just increased to 7.9% last month  could be slashed easy by getting rid of the choking regulations on business and cut taxes, encourage growth not punish growth. How fair is it that half the population pay zero taxes and still get a EIC tax refund? That needs to stop.. The government is the problem. Ronald Reagan nailed it when he said "Government that governs the least, governs the best" Get governemt  off people's backs and let people keep more of what they earn. Don't punish investments. The EPA should be done away with too, Let the states do the EPA's job. Mary Fallin has Oklahoma's economy strong with a unemployment rate of 5% by doing things right. Obama has the national economy in shambles by doing everything wrong, Obama is using old tired policys that always failed in the past, Remember  Jimmy Carter's economy? That's why the national unemployment rate is so high, and the real U-6 unemployment rate is around 15%...Gasoline is high because we can't drill. Obama is destroying our nations economy..

Please prove any of that ramble.  At least support something in it.

[RecycleMichael]

The basketball teams for Oklahoma and Oklahoma State are also ranked thanks to Mary Fallin. Downtown Tulsa is getting two new BBQ joints and a new sandwich shop thanks to Mary Fallin. A Sapulpa cop made the TV show "The Biggest Loser" thanks to Mary Fallin.

Oklahoma has been in a five year drought thanks to Barack Obama.