Stop corporate welfare and state income tax
Regarding “Tax-cutting plan author is criticized” (News, Dec. 2): Peter Fisher, research director of the Iowa Policy Project, is also professor emeritus at the University of Iowa. Most professors who are paid with taxes collected from hardworking citizens, find it beneficial to promote income tax. States that have no income tax enjoy growth. High-tax states lose population as people vote with their feet and take their money with them.
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The U.S. Census Bureau reported that Oklahoma is second in the nation in government spending with an increase of 74 percent in the past 10 years. We've become a welfare state, according to Tax Foundation calculations. Corporate welfare is healthy in Oklahoma. Taxpayers want to eliminate corporate welfare. We can't continue to bless billion-dollar corporations and sports activities, including the Oklahoma City Thunder, that cost taxpayers about $5 billion a year. These welfare gifts, so-called economic incentives, must be stopped so that the state income tax can be abolished and help all Oklahomans.
Authur Laffer isn't selling snake oil when asking legislators to reduce the income tax. Laffer was a member of Ronald Reagan's economic policy advisory board. Laffer and Gov. Mary Fallin want to cut deductions and exemptions. That's not acceptable. Stop the welfare gifts and abolish state income tax!
V. Midge Sullivan, Oklahoma City
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