Monday, November 6, 2017

The evidence is clear: lawmakers are committing economic malpractice by refusing to increase the gross production tax. Their refusal makes Oklahoma less prosperous and less competitive.

The evidence is clear: lawmakers are committing economic malpractice by refusing to increase the gross production tax. Their refusal makes Oklahoma less prosperous and less competitive.

Reality Check: Restoring Oklahoma's Gross Production Tax won't hurt the economy

In a recent editorial, The Oklahoman newspaper accused critics of Oklahoma’s huge tax breaks for the oil and gas industry of ignoring reality. They wrote that the claim that oil and gas companies pay far less taxes in Oklahoma than in other states is “false upon inspection.” They go on to claim that...

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