(1/4) Oklahoma has cut income taxes to top earners as recently as 2016 to a top rate of 5%. This is an area that we can focus on to make our state budget more balanced while addressing growing inequalities in out state.
(2/4) If we restore our state income tax to 6% for high income earners (over $200,000 per couple) and 7% for top income earners (over $400,000 per couple) we can begin to address the near billion dollars that has been lost annually since the 2000's.
(3/4) We have seen time and time again that income tax cuts do not help the average family. In Oklahoma, "Over 70 percent of the benefit from cutting the top rate has gone to households in the top fifth in annual income.
(4/)4 If we want to fund public education, keep rural hospitals open, and improve our public infrastructure we have to find new sources of revenue. Increasing the top income tax rate is a much needed step for Oklahoma.
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