State expects $195M less
The Oklahoma Tax Commission significantly lowered its estimate Tuesday of how much tax money will be available for the 2009 fiscal year, which starts July 1.
The Tax Commission approved a revised estimate that state taxes will generate about $195 million less than it calculated in December for the 2009 fiscal year.
The biggest projected losses are corporate income taxes, which are $101.8 million below the Decem...
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