An interesting note from page 15 of Governor Fallin's FY2019 Executive Budget proposal:
As the overall economy has improved, the "sky is falling!" projections of a massive, multi-hundred million dollar budget shortfall have lessened and lessened, with Governor Fallin's own budget proposal now showing that the state will have just under $60M more to appropriate than in the FY2018 budget.
Her budget builds on that sum by adding just over $696M in new taxes, and adding $723M in new spending, cutting that $60M surplus over the FY2018 budget in half.
BONUS - here as some recent articles on the Fallin/Step Up tax hikes from Bloggers Organized for Oklahoma Taxpayers:
- Keating: Nothing Should Be Off The Table As Oklahoma Moves Forward [TheOkie]
- OCPA Fallin State of the State; Bloggers Organized for Oklahoma Taxpayers [BatesLine]
- I May Have to Start Voting Democrat [OK Politechs]
- Dan Fisher: Only GOP Candidate Not Receiving Contributions From Step Up [Tapp Into Common Sense]
- ‘We can do better’: Americans for Prosperity pans Oklahoma tax plan [NonDoc]
- The Raw Nerve of it All — Arrogance and Corporate Greed of ‘StepUp’ Plan [SCrosnoe]
- The Band Is Back Together [Tapp Into Common Sense]
- Is It a "Step Up" ... or a Step Down? [Jordan Green Says]
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