There seems to be no long-range strategic plan considering overall impacts of cuts on services and magically, if we reduce taxes an increase in business and sales will make up the difference. It sounds like trickle-down economics, but there are too many variables. You could not run a business this way.
-Phil Busey, CEO of the Busey Group of Companies in Oklahoma City, who writing in The Edmond Sun about why further tax cuts make no sense right now (Source: http://bit.ly/1doza91)
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Nearly All Oklahoma Quakes Are Near Injection Wells, But So Is Most of the State
-Headline of a State Impact Oklahoma article by Logan Layden discussing the ties between oil and gas drilling and earthquakes in Oklahoma (source: http://n.pr/1dV6TuE)… Read moreThe post Quote of the Day 2/21/2014 appeared first on Oklahoma Policy Institute.
We have too much money going out the back door in this state.
-Rep. David Dank, R-Oklahoma City, who said the huge amount of money the state has been giving back to corporations through tax credits may be a factor in Oklahoma’s budget shortfall this year (Source: http://bit.ly/1cZ8qeT)
The post Quote of the Day 2/20/2014 appeared first on Oklahoma Policy Institute.