US EditionSmall: State tax competition is fierce
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Small: State tax competition is fierce
State tax competition is fierceBy Jonathan SmallOklahoma is generally perceived as a lower-tax state, but unfortunately our tax on work and investment—the personal income tax—remains among the highest in the region and (increasingly) across the country.That’s a problem because the income tax has outsized, negative impact on investment and job creation.Oklahoma’s personal income tax has been cut from 7 percent in the 1990s to 4.75 percent today, …
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