Tuesday, May 31, 2016

"But the state has several tax breaks on the books that do essentially the same thing for businesses. Through a combination of direct refunds, rebates and tax credit “transfers,” companies with no income tax liability are receiving cash subsidies."

Oklahoma Sending Cash to Companies That Pay No Income Tax

Some state lawmakers justified their decision to curtail a tax credit for the working poor by declaring that the state shouldn't be subsidizing people who owe no income taxes in the first place.

from FB-RSS feed for Tulsa 912 Project http://www.newson6.com/story/32102353/oklahoma-sending-cash-to-companies-that-pay-no-income-tax

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