When the Legislature goes into session, Gov. Mary Fallin will repeat her insistence that lawmakers pass massive and permanent tax increases.
The governor’s amended call asks lawmakers to pass:
- The tax on cigarettes, and little cigars by $1.50 per pack, and an additional 10 percent on chewing tobacco and e-cigarettes;
- Increasing the oil and gas gross production tax by increasing the rate on wells currently at 2 percent to 4 percent, and all future wells will begin at 4 percent for 36 months and move to 7 percent thereafter;
- Raising a renewable generation tax at $1 per MWH;
- Increasing the tax on diesel and gasoline to Oklahoma motorists by 6 cents per gallon;
- Imposing a dollar cap on transferability/cash refundability for coal, wind and railroad tax credits effective the 2018 tax year;
- Expanding the definition of covered games in the model tribal gaming compact to include “non-house-banked table games;” and;
- Hiking the rates and eliminating exemptions, deductions and credits on the individual income tax code.
- Fallin also is calling for a $5,000 a year raise for all state teachers and an expanded role for the governor in selecting state agency heads.
Her stated policies mirror Step Up Oklahoma, a tax increase strategy supported by state chambers of commerce.
The 2018 legislative session begins on February 5.