Claremore Daily Progress

Top Stories

April 15, 2013

Fallin meets with GOP leaders over tax cut

OKLAHOMA CITY —

Gov. Mary Fallin met Monday with Republican legislators to discuss plans to cut the state income tax and said leaders are “very close” to an agreement.
After meeting behind closed doors with the House Republican Caucus, Fallin said she believes a Senate-backed plan to eliminate or modify some tax credits and exemptions will be handled as a separate proposal and not included in the bill to cut the income tax rate.
“I think you’ll find that will be a separate issue,” Fallin told The Associated Press after the meeting. “Tax credits will be a separate issue from a tax cut.”
Fallin also said she presented information to Republican House members that shows previous reductions to the state’s income tax have resulted in increased collections in subsequent years.
Fallin and House Speaker T.W. Shannon have supported a plan to cut the state’s top personal income tax rate from 5.25 percent to 5 percent, effective Jan. 1, but that bill was gutted in the Senate and changed to delay the cut until January 2015, drop the rate to 4.95 percent, and reduce several transferable tax credits.
Shannon reiterated Monday that he could support delaying a cut until 2015 if Senate leaders would agree to cut the rate deeper than 4.95 percent.
“My main goal is to get as much of a reduction for the people of Oklahoma as possible,” said Shannon, R-Lawton. “So, if I can get more of a reduction by delaying it one year, I’m open to it.”
Shannon said all three sides are “real close” to an agreement on the tax cut.
Nate Atkins, a spokesman for Senate President Pro Tem Brian Bingman, said the Senate leader remains committed to a “responsible tax cut.”
Fallin said her top priority remains having a tax-cut bill advance to her desk before the legislative session ends at the end of May.
“I’ve just ask them to send a reasonable tax cut to my desk this year, and that will be between the caucuses to decide that,” Fallin said.

1
Text Only
Top Stories
  • No evidence or human remains found

    Rogers County Sheriff’s deputies and assisting agencies vacated a Tiawah property Friday, after no evidence or human remains were found in connection to the disappearance of a local resident that went missing in 1996.

    July 27, 2014

  • RCLC launches letter campaign

    The Rogers County Literacy Council, RCLC, is launching their annual letter writing campaign.
     A United Way Organization, the council is asking for community support to help promote literacy in the English language.

    July 27, 2014

  • taylor.armerding.jpg Inequality crisis shot with factual problems, hypocrisy

    President Obama, various media and political liberals say inequality, of all things, is the defining issue of our times. Yet this message is delivered by multimillionaires and a president who jets from tee time to stump speech on the taxpayer's dime.
     

    July 26, 2014 1 Photo

  • Obama wants limits on US company mergers abroad

    Staking out a populist stand ahead of the midterm elections, President Barack Obama on Thursday demanded “economic patriotism” from U.S. corporations that use legal means to avoid U.S. taxes through overseas mergers.

    July 25, 2014

  • Local churches impact poverty

    Claremore First Christian Church, First United Methodist and the Pastoral Alliance are combining efforts to host a 16-week program, “Getting Ahead in a Just Getting by World,” based off of the national program — “bridges out of poverty.”

    July 25, 2014

  • Grand Jury recesses until August

    The multicounty grand jury charged with investigating accusations of misconduct by Rogers County officials recessed Thursday until August 19-21, saying it needed to hear from more witnesses before returning a finding in the matter.

    July 25, 2014

  • Former Sheriff’s deputy arrested

    The Rogers County Sheriff’s Office arrested ex-deputy Brian Kindle Wednesday after receiving multiple reports concerning his safety.

    July 25, 2014

  • Chelsea man receives 54-year sentence for child abuse

    A Chelsea man was sentenced to 54 years in prison Wednesday after he pleaded guilty to the charges of child abuse by injury and child sexual abuse.

    July 25, 2014

  • Rogers County Clerk sues The Daily Progress

    Rogers County Clerk Robin Anderson has filed a lawsuit against The Daily Progress and the newspaper’s government reporter Salesha Wilken.

    July 24, 2014

  • Band.jpg Local band loses everything on tour

    A Claremore band, The Last Slice, had $30,000 worth of equipment, instruments, merchandise and clothes stolen while on the East Coast Ska Revival tour in Miami, Fla.

    July 24, 2014 1 Photo