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August 07, 2020, 11:55:16 am
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Author Topic: Franchise Tax  (Read 1793 times)
Red Arrow
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« on: October 15, 2014, 06:26:01 pm »

Joe Dorman says on a TV add that he will divert all the franchise tax to education.  He also says he will not raise taxes.  Where does the franchise tax money go now?

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Gaspar
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« Reply #1 on: October 16, 2014, 01:48:04 pm »

Education.
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Conan71
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« Reply #2 on: October 16, 2014, 02:05:24 pm »

Here’s an article which explains the franchise tax in Oklahoma a little better.  It would appear it goes into general revenue and it generates $40-50 mil a year.
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"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first” -Ronald Reagan
Red Arrow
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« Reply #3 on: October 16, 2014, 04:43:59 pm »

Here’s an article which explains the franchise tax in Oklahoma a little better.  It would appear it goes into general revenue and it generates $40-50 mil a year.

Forget to include a link?

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Hoss
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« Reply #4 on: October 16, 2014, 04:56:34 pm »

Forget to include a link?



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Conan71
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« Reply #5 on: October 16, 2014, 04:58:13 pm »

Well, crap.  I cannot find the link now.  Sorry about that.
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