The biggest tax cut in state history, a 27 percent reduction, was successful in stimulating the state economy and did not harm core services of government. It was signed into law by Democratic Gov. Brad Henry. Be it state history or federal history, from John F. Kennedy to Ronald Reagan, tax cuts have been proven to stimulate the economy.
A new poll by Sooner Survey shows Oklahomans favor cutting the state income tax to 4.75 percent by a better than 2-1 margin. A majority also favor the eventual elimination of the state income tax — Republicans by a 62 percent to 20 percent margin and Democrats by 41 percent to 39 percent.
This bill is about keeping government growth in check, about diversification of our economy through new job creation, about tax relief for citizens and about economic development that will take our state to new heights of prosperity.
Osborn, R-Mustang, represents District 47 in the Oklahoma House.