"The income tax cut plan now calls for lowering the top income tax rate from 5.25 percent to 5 percent on Jan. 1, 2015. The rate would be cut to 4.85 percent on Jan. 1, 2016, if total revenue growth for the state is equal to or greater than the previous fiscal year."
Republican Governor Mary Fallin and GOP legislative leaders have agreed on proposals to reduce the state's top personal income tax rate, overhaul the workers' compensation system and develop a long-range plan for maintaining state buildings.
Attorneys representing Oklahoma and Texas argued Tarrant v. Herrmann at the U.S. Supreme Court. The case concerns water in the Red River, and experts say it's a regional water fight that could impact national water-sharing agreements. The Supreme Court has released a transcript of today's arguments. The above transcript is preliminary.
House Speaker T.W. Shannon (R-Lawton) says the moratorium is necessary because Oklahoma has raised fees by more than $100 million since 2007. During the recession, it was the easiest way Oklahoma had to raise revenues to fill budget gaps. Increasing taxes in Oklahoma requires a three-fourths supermajority in both houses of the legislature, or a vote of the people.
It's already nearly impossible to raise taxes in Oklahoma. Now, the legislature is poised to ban raising fees for drivers' licenses, state parks and other state services, too. A bill placing a moratorium on fee increases through 2016 has passed both houses of the state legislature.
Sen. Susan Collins, a Maine Republican, and fellow GOP senators accused the Obama administration of creating a "manufactured crisis" by furloughing FAA air traffic controllers and causing delayed flights.
Originally published on Wed April 24, 2013 10:02 am
Blame shifting was in high gear Tuesday on Capitol Hill and at the White House as the first air traffic delays tied to the furloughs of Federal Aviation Administration controllers began to get attention.
The Republicans' message: Delays at some airports this week — a result of automatic spending cuts known as the sequester that took effect in March, but whose resulting furloughs are just kicking in — was a "manufactured crisis," and that the administration wants voters angry enough to force Congress to give President Obama the higher taxes he seeks.
And one other piece of news from the Senate, Democrat Max Baucus is retiring. The powerful chair of the Senate Finance Committee has represented Montana since 1978. Baucus is the sixth Senate Democrat to announce he won't run for reelection in 2014. NPR congressional correspondent Tamara Keith has that story.
Humberto Manzano Jr. moves a pallet of goods at an Amazon.com fulfillment center in Phoenix in 2010. Amazon has endorsed a bill making its way through the Senate that would require more online retailers to collect sales tax.
More online retailers would have to collect sales tax under a bill making its way through the U.S. Senate this week. The measure won strong bipartisan backing on a procedural vote Monday, and President Obama has said he would sign it.
The political battle over the bill pits online retailers against brick-and-mortar stores — and, in some cases, against other online sellers.
The Oklahoma House has approved a bill that puts into state law Gov. Mary Fallin's executive order banning smoking on state property.
Fallin signed the executive order against smoking in state buildings last year. The House passed a bill 76-14 Tuesday that would expand the ban to properties that aren't buildings and would allow cities and counties to ban smoking on their properties.
The bill now goes to the governor for her signature.
An investigator inspects the area near a surveillance camera on the roof of the Lord & Taylor store near the Boston Marathon finish line on Thursday. That camera provided the first glimpse of the men who allegedly planted the bombs.
Footage from surveillance cameras along the Boston Marathon route gave the FBI early clues about the bombing suspects. And prosecutors say they'll use some of those images to try to prove their criminal case against 19-year-old Dzhokhar Tsarnaev. But the proliferation of cameras in America's big cities is raising some tricky questions about the balance between security and privacy.
It was pictures of two brothers taken by a camera outside the Lord & Taylor department store that provided the first glimpse of the men who allegedly bombed the Boston Marathon.