The recent IdeaRaiser in Enid included a proposal to waive the state income tax for two years on people entering the work force. This would apply to new or current Oklahoma residents.
Supporters of the income tax waiver believe it would encourage businesses to bring jobs to Oklahoma, and encourage our college graduates to stay in the state.
What do you think about this idea from Jerry Blankenship, Dick McKnight, Janet Cordell and Eric Senson?
Tuesday, July 10, 2007
Should Oklahoma waive the income tax for new workers?
Posted by 100 Ideas Oklahoma at 2:09 PM
Labels: Economic development
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2 comments:
Absolutely!
I think we should abolish the Oklahoma income tax altogether in favor of the fair tax. We are all taxed to death. It stifles the incentive to work more. I worked two jobs to make ends meet and the additional taxes were so great, I quit the second job.
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