NewsOK member benefits

Cash registers signal spending surge in Oklahoma

The Oklahoman Editorial | Published: January 20, 2013 Comment on this article

NewsOK Related Articles

School administrators' midyear adjustment griping mostly unwarranted
01/20/2013 AS sure as night follows day, midyear adjustments to school districts' funding have left some administrators unhappy. For the most part, their griping is...
Oklahoma Legislature needs to answer governor's call to repair Capitol
01/20/2013 Gov. Mary Fallin says state leaders need to “get some guts” and come up with a way to repair the Capitol building. Actually, a little fiscal common...

Depressed gross production tax revenue was largely responsible for total general fund revenues dropping in December by 2.5 percent, despite record sales tax collections and the income tax gains. Taken as a whole, the latest numbers show Oklahoma's economy remains vibrant but not necessarily healthy enough — yet — to justify a significant personal income tax cut.

As was true a year ago, we urge caution in restructuring income tax rates.

Page 2 of 2