OK State Income Tax Reduction

[Hobbes]

I found these:

The Task Force Recommendations

A summary in the Tulsa World

Notice there are no spending cuts.
Without spending cuts this can only be called one thing.

Redistribution of the Wealth

 

[1shott]

I had to pay the state $1 this year yes folks $1, they promptly deducted it from my checking account just as fast a e-file would let them. Almost broke even with them...maybe next year...

 

[sumoj275]

Fine with me.

 

[XD-9Guy]

I had to pay the state $1 this year yes folks $1, they promptly deducted it from my checking account just as fast a e-file would let them. Almost broke even with them...maybe next year...

I don't know how you do it. I claim 0 exemptions so they take out the max & I still owe every year. I don't even know how that's possible.

 

[Buddhaman]

I don't know how you do it. I claim 0 exemptions so they take out the max & I still owe every year. I don't even know how that's possible.

Same here. I just got finished getting everything prepared and I owe $283! This is the first year I have ever owed money and nothing changed other than making $3000 more.

 

[neginfluence04]

My wife and I make good money and we have a 1 year old I personally don't wish to pay those crooked ****s any more than I have to. Usually we break even or have to pay in a little to both state and federal. If we go from paying 500.00 or so to 5K I will be kicking someones ass

 

[1shott]

I don't know how you do it. I claim 0 exemptions so they take out the max & I still owe every year. I don't even know how that's possible.

I claim 1 dependant, ME.
It has more to do with the company I work for. Their payroll is spot on for taxes. Esp state. My previous employer I always had to pay $150 or more, it got to where I had to hold out extra every paycheck just to try to break even. Been with my current employer 5 years and so far they have nailed it right on the money, either I get a couple dollars back or I owe a dollar or two.

 

[tntrex]

Sounds like it's just shuffling taxes around to make it sound like the people are getting a better deal when it likely is the same.

But will it fix our roads is the question. lol

 

[AKguy1985]

i usually get only about $20 back from state if that the past few years

 

[Hobbes]

http://okpolicy.org/files/TheTaxShift.pdf