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Highest income earners in Oklahoma taxed at 6.2% rate

The top 1 percent of earners in Oklahoma are taxed at an effective rate of 6.2 percent, compared to the state’s 10.7 percent tax rate on the middle 20 percent of income earners, according to a new 24/7 Wall St. analysis.

Tulsa has surplus funds equaling $100 per taxpayer

Among the 75 most populous cities in the U.S., Tulsa ranks 12th for the state of its finances, having $100 in surplus funds per taxpayer, according to a Truth in Accounting (TIA) analysis of municipal data released last month.

Inbound cigarette smuggling rate in Oklahoma estimated at 1%

The inflow of smuggled cigarettes in Oklahoma is 1 percent, according to a new study from the Tax Foundation that examines the relationship between cigarette taxes and smuggling.

Oklahoma ranks 13th best in new economic outlook analysis

Oklahoma finished 13th in a study by the website Rich States, Poor States that examined the 50 states’ economic outlooks based on 15 weighted policy measures.

Oklahoma ranks 8th best on corporate tax study

Oklahoma finished eighth in a study by the Tax Foundation examining how well states have structured their corporate income tax systems in 2020.

Oklahoma not among the 36 states with major tax changes in 2020

Oklahoma was not included in a new analysis from the Tax Foundation identifying 36 states that have major changes to their tax codes taking effect this year.

Oklahoma job growth this year projected at 0.3%

Job growth in Oklahoma is expected to reach 0.3 percent by the end of 2020, down from the state's 2019 job growth of 0.5 percent, according to a new study by Kiplinger that assessed state economic outlooks.

Oklahoma lacks adequate funds to weather moderate recession

Oklahoma would lack adequate revenues to manage a moderate economic downturn without raising taxes or cutting services, according to a new analysis from Moody’s Analytics.

Oklahoma ranks 27th in annual tax climate ranking

Oklahoma finished 27th in a new study by the Tax Foundation showing which states are best at structuring their tax systems

College football coach is highest-paid public employee in Oklahoma

Mike Gundy, head football coach at Oklahoma State University, earned $5 million in 2018, making Gundy the highest-paid public employee in Oklahoma last year, according to a ranking by the website GOBankingRates.

Funding for arts agencies in Oklahoma to reach $2.9 million in FY2020

Legislative appropriations for Oklahoma arts agencies are projected to reach $2.9 million for fiscal year 2020, which equates to 74 cents per capita in the state, according to a report from the National Assembly of State Arts Agencies (NASAA).

Oklahoma levies a total tax on lodging of 4.5%

Hotel room bills in Oklahoma tack on a total state lodging tax of 4.5 percent, the 41st highest lodging tax rate in the nation, according to a study by the National Conference of State Legislatures (NCSL).

No counties in Oklahoma are now 2nd Amendment sanctuaries

No counties in the state are now under a Second Amendment sanctuary law or ordinance, according to updates from the website and media reports.

1,662 borrowers in Oklahoma filed for student loan forgiveness in 2nd quarter

Borrowers in Oklahoma who sought forgiveness of their student loans in the second quarter of 2019 numbered 1,662, according to a new state-by-state analysis by the U.S. Department of Education.

$254.8 million in federal research dollars flowed to Oklahoma in FY 2018

Federal agency research dollars going to Oklahoma totaled $254.8 million in fiscal year 2018, according to a new analysis by the Research!America alliance.

Oklahoma received nearly $3 million in public broadcasting funds last year

The Corporation for Public Broadcasting allocated $2,986,826 in fiscal-year 2018 to support public television and radio in Oklahoma, the 34th highest amount among the 50 states and the District of Columbia, CPB reported.

Kendra Horn won't define position on upcoming impeachment vote

Rep. Kendra Horn (D-Oklahoma) did not respond to requests for comment from the Oklahoma Business Daily regarding the upcoming vote by the U.S. House of Representatives on articles of impeachment against President Donald Trump.

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