Credit Oklahoma Watch
A week after the leader of the Oklahoma Senate said his chamber and the Republican caucus would not be involved in a plan to eliminate the state’s corporate income tax, Gov. Kevin Stitt told a virtual round table he still wants it done this session.
Speaking to the Oklahoma Small Business Association on Friday, Stitt referred to a report by pro-business think tank the Tax Foundation that ranks Oklahoma 30th in business tax climate. So, what they do is they rank corporate tax, individual income tax, sales tax, unemployment insurance tax, property tax. We’re 30th. Again, we should be top 10 in that, Stitt said.