Lawmaker proposes flat tax
Sen. Patrick Anderson has filed a measure to replace Oklahoma's income tax structure with a flat tax of 2.95 percent. Senate Bill 240 would eliminate all current income tax deductions, credits and exemptions. Under the proposal, the highest personal income tax rate of 5.25 percent would be cut nearly in half, said Anderson, R-Enid. He said there would be no loss of revenue to state government, saying the Oklahoma Tax Commission has reviewed his proposal and determined that a flat rate of 2.95 percent would be revenue neutral. House Minority Leader Scott Inman, D-Del City, said House Democrats will oppose the measure, saying Anderson's plan will shift the tax burden onto the backs of Oklahomans who can least afford it and that it lowers taxes for the rich while raising them for everyone else.
Governor reappoints chairman
Gov. Mary Fallin is reappointing Tom Kemp to the Oklahoma Tax Commission. Kemp, who is chairman of the Tax Commission, was appointed to his first six-year term in 2001. Senate confirmation is required. Kemp, of Norman, has been with the Tax Commission since 1997 when he served as its general counsel.