The Oklahoma News Report

Tax Cut Delay

Clip: Season 4 Episode 434 | 3m 32s

Democrats in the Oklahoma House tried to stop an automatic cut in the income tax set to go into effect this coming January. Citing the impending $611 million hole in the Fiscal Year 2016 budget, Democrats argued it was digging a fiscal hole even deeper. Republicans countered that while income tax revenues may decrease the state gets more money back in other ways but cutting the tax rate.

Aired: 03/12/15

Rating: NR

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