Budget Briefing: How Low Taxes Might be Bad for Business

This morning’s budget-related news:

Fallacy of Tax Case for Stimulating Growth “Oklahoma’s low-tax approach to attracting high-value businesses is not likely to be effective. In fact, it is much more likely to be counterproductive. The reason is simple and avoidable. Lower taxes inevitably lead to reduced support for universities and their engineering and science programs.” (normantranscript.com)

Nonprofits Continue the Fight “[Budget] cuts mean the state is currently serving fewer Oklahomans through the affected agencies. This leads individuals to the doors of nonprofit organizations, who once again courageously tackle the job of filling the gap.” (tulsaworld.com)

State Could Save Millions WithBetter Employee-Performance Reviews “Policymakers should require all state agencies to implement and use rigorous semi-annual performance evaluations for employees.” (ocpathink.org)