Budget Briefing: Top Earners Pay Most of Oklahoma’s Federal Income Tax Tab

Top Oklahoma Earners Pay Large Majority of Federal Income Taxes, IRS Figures Show – “More than two-thirds of the federal income tax bill for Oklahoma for the 2010 tax year was borne by those making more than $100,000.” NewsOK.com

Despite Bump in Oklahoma Unemployment Rate, Jobs Report ‘Still a Positive Sign,’ Analyst Says – “Employment gains were recorded in most industries, except for a few such as mining and manufacturing, which have been strong in recent months, Gray said. Mining lost 700 jobs over the month, while manufacturing was down 100 jobs.” Tulsa World

Are Oklahoma Turnpikes Here to Stay? – “The answer to that, at least right now, is yes: The Oklahoma Turnpike Authority’s $1.1 billion in bonding debt is currently scheduled to be retired in full by 2031. But there’s plenty of time between now and then to adopt new projects, accumulate more debt and push back — again — the day drivers can finally stop digging into their pockets on the highways.” NewsOK.com

Vision 2025 Made Major Contribution to American Airlines Shop in Tulsa – “Throughout the airline’s shop there are constant reminders of how much the facility owes to the taxpayers – $28 million worth of equipment that was included in the 0.6 percent countywide sales tax that passed in 2003.” Tulsa World