Here’s a plan

The Oklahoman (Sunday) - - OPINION -

My un­der­stand­ing is the Leg­is­la­ture doesn’t know the amount in tax in­cen­tives spe­cial in­ter­ests are able to avoid pay­ing in Ok­la­homa. I’m sure that makes it dif­fi­cult to bal­ance the bud­get — like a fam­ily try­ing to do the same thing with­out know­ing how much their rent or mort­gage pay­ment is. Rais­ing gross pro­duc­tion taxes is the right idea, but seems to be a deal­breaker. Maybe some­thing like this would work.

Short term: De­mand that all busi­ness/in­dus­try spe­cial in­ter­ests pay a larger por­tion of the taxes that they al­ready owe, but cur­rently avoid be­cause of tax in­cen­tives. Long term: Di­rect and com­plete a com­pre­hen­sive study of tax give­aways to de­ter­mine who is meet­ing re­quire­ments. Use that in­for­ma­tion to can­cel, main­tain or even ex­pand in­cen­tives as long as there is a tan­gi­ble ben­e­fit to the state and we can af­ford the in­cen­tives.

Tim Wag­ner, Yukon

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.