News
December 12, 2024
Legislators pursuing end to state’s personal income tax
With seven weeks to go until the 2025 legislative session convenes, two Republican lawmakers have filed bills to gradually eliminate Oklahoma’s personal income tax.
House Bill 1009 by Jay Steagall, R-Yukon, would incrementally reduce the tax to 0% by 2035. Senate Bill 1 by Michael Bergstrom, R-Adair, proposes a similar timeframe, but makes future cuts dependent on increases in state revenue.
“This measured, step-by-step approach ensures that our state remains on a sound financial footing while...