Flush with cash, Oklahoma governor pushes for more tax cuts | News

Flush with cash, Oklahoma governor pushes for more tax cuts | News

With state financial savings accounts and income collections at all-time highs, tax cuts will likely be a prime precedence for Oklahoma Gov. Kevin Stitt and the Republican-controlled Legislature for the 2023 session that started on Monday.

Stitt, who easily won reelection in November, offered his government funds proposal to lawmakers and delivered his fifth State of the State tackle to a joint legislative session. In it, he known as for lawmakers to eradicate the state gross sales tax on groceries and reduce the person and company revenue tax charges.

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