City officials held a groundbreaking for the widening of South Mingo Road between East 71st Street and East 81st Street. South Mingo Road between East 71st Street and East 81st Street will be widened from two lanes to five lanes – two northbound lanes, two southbound lanes and a center left-turn lane, and sidewalks will…
It’s nice to have a holiday in August. Oklahoma’s sales tax holiday is this weekend. In their collective wisdom, the Oklahoma Legislature passed Senate Bill 861 during the 2007 Legislative Session. Conservative lawmakers were tired of reports of Oklahoma shoppers driving to Dallas during the Texas sales tax holiday. Everyone is a winner with this…
Doubling the minimum wage to $15 an hour sounds like a good idea but it’s not. In July, Democrats in the U.S. House voted that increase as a meaningless gesture to prove that they are trying to accomplish something. The action was part of their presidential strategy to make people hate the rich and give…
After the largest tax increase in state history was enacted in 2018, shoppers can look forward to the state’s annual sales tax holiday next week. In Oklahoma, the average sales tax burden – combining state, county and municipal sales taxes – is almost 9 percent That ranks Oklahoma with the third highest average in this…
Three more public meetings have been scheduled to sell the tax hike proposal by Mayor G.T. Bynum and the City Council. The tax increase, if passed, would run 6.5 years and cost taxpayers $639,000,000.00. The next three meetings all will begin at 6 p.m.. The dates and locations are as follows: July 25, Girl Scouts…
State officials claim the new cigarette tax increase is working because tax revenues are up and the sale of cigarettes is down. State smokers bought almost 60 million fewer packs of cigarettes during the 2018-2019 fiscal year (July through June) – about a 25 percent drop from the previous fiscal year. And the new $1…
Eighty-six new state laws went into effect July 1 in, including changes in car tags that could effect everyone in the state. Under a new law, Oklahoma motorists will keep their license plates when selling their vehicles. Registering a newly purchased car with the Oklahoma Tax Commission (OTC) differs whether someone is purchasing the vehicle…
Mayor G.T. Bynum is proposing a vote on a $639,000,000.00 tax increase to expand the size and cost of city government. Tulsans pay a sales tax of 8.517 percent with 4.5 percent going to the state, .367 percent to Tulsa County and 3.65 percent to the city. The State of Oklahoma has an average 8.92…
This year, Oklahoma lawmakers voted to double the amount of tax credits/rebates provided to filmmakers under the state’s film incentive program, clearing the path for millions more in taxpayer funding to go to entertainment companies. If lawmakers expected that to increase interest from movie studios, they may be disappointed. Rather than embrace Oklahoma, one prominent…
Starting July 1, with #KeepTagOK, Oklahoma motorists will keep their license plates when selling their vehicles as specified in SB1339. The process of registering a newly purchased car with the Oklahoma Tax Commission (OTC) differs whether Oklahomans are purchasing the vehicle from a dealership or an individual: If you buy a vehicle from a dealership,…