Does the greatest benefit come from cutting the state’s penalty on work, the personal income tax, or from exempting groceries from the state sales tax? That question is on the minds of Oklahoma policymakers.
But the answer is straightforward. While exempting groceries from the state sales tax may provide some financial benefit to individuals, it does not make people more likely to invest in Oklahoma, create new jobs or raise wages.
Read more »by Muskogee Politico - February 26, 2024 at 09:42PM
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Small: income-tax cuts provide greatest benefit
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