A letter has gone to Oklahoma political leaders calling for a halt to a tax cut set to go into effect in January. Those behind the letter believe it is irresponsible to continue with the cut given the current budget crisis. The Oklahoma Policy Institute’s David Blatt says it’s unfair for the state to require the faith community, businesses, non-profits, and philanthropists to take up more and more of the burden.
He says the cut to the ‘top income tax rate will add millions of dollars to the budget shortfall…and will benefit very few Oklahomans.’