Sooner Politics.org
  • Front Page
  • Oklahoma News
    • Oklahoma Reports
    • OCPAC
    • Oklahoma Constitution News
    • Citizen of the Year
    • Oklahoma History
    • Today, In History
    • Oklahoma Center Square
    • Faked Out Sports
    • AP Wire
    • NewsBreak Oklahoma
    • Inside the Capitol
    • Lawton Rocks
    • Muskogee Now
    • OSU Sports
  • Podcasts
  • SPTV
    • Fresh Black Coffee, with Eddie Huff
    • AircraftSparky
    • Red River TV
    • Oklahoma TV
    • E PLURIBUS OTAP
    • Tapp's Common Sense
  • Editorial
    • From the Editor
    • Weekend Report
    • 3D Politics
    • Reagan Speaks
  • Sooner Issues
    • Corruption Chronicle
    • Constitutional Grounds
    • State Groups
  • Sooner Analysts
    • OCPA
    • Muskogee Politico
    • Rooke Report
    • SoonerPoll
    • Everett Piper
    • Andrew Spiropoulos
    • Tulsa Devil's Advocate
    • Eddie Huff & Friends
    • 1889 Institute
    • Steve Byas
    • Michael Bates
    • Steve Fair
    • Josh Lewis
    • Tulsa Today
    • OK2A
    • Dr. Jim Meehan
    • AFP Oklahoma
    • Sooner Tea Party
  • Nation
    • Bongino Report
    • Breitbart News
    • Daily wire
    • Steven Crowder
    • InfoWars News
    • Jeff Davis
    • Alex Lains
    • The F1rst
    • Nigel Farage
    • NewsMax
    • America's Voice
    • Ron Paul Institute
    • Bill Gertz
    • Emerald
    • Just the News
    • Trey Gowdy
    • Fox Politics
    • National Commentary
  • Wit & Whimsy
    • Libs of Tiktok
    • It's Still The Law
    • Terrence Williams
    • Witty Cartoons
    • Will Rogers Said
    • Steeple Chasers
    • The Partisan
    • Satire
  • SoonerPolitics.org

Legislature Passes More Crony Capitalist Programs

6/2/2018

Comments

 
  As Oklahoma finally recovers from the last major recession (2015-17), the money that the legislature has to 'play with' is starting to accrue. And the schemes for doling out that money to lobbyists is as rich as the fancy dinners with which the lobby groups dine our lawmakers.

Case in point:
  Now that the legislature has passed a $600million tax increase on the rest of us, they have the money to give to corporate interests who are considering a commercial venture in the Sooner state.
  Automotive manufacturers are already trying to carve out exemptions from income tax for themselves and their employees.
  Not only does this cause our own citizens to have to pay more in taxes to make up for the credits given away, It also makes it tougher for our historic businesses to compete in the labor market.
Here's the bill's summary;
 "SB1585 creates several income tax credits designed to incentivize qualified employers and employees in the vehicle manufacturing industry. The credits are only applicable to vehicle manufacturing companies placed in operation in Oklahoma after the effective date of the act and engineers employed by such firms.
Picture
Tax incentives to out-of-state corporations, is like a guy who treats 'the other woman' better than his wife.


  • Employer Paid Tuition Reimbursement Tax Credit (effective tax year 2019 through 2025). Credit is equal to 50 percent of the amount of tuition reimbursement to a qualified employee for the first through fourth year of employment.
  • Employer Payroll Tax Credit (effective tax year 2019 through 2025). Credit is between 5-10 percent of the compensation paid, up to $12,500 for each qualified employee annually, for the first through fifth year of employment.
  • Employee Engineer Tax Credit (effective tax year 2019 through 2025). Credit is equal to $5000 per year for up to five years of employment as a vehicle manufacturing engineer.
  The tuition reimbursement and payroll tax credit is capped at $3 million per year. The employee engineer tax credit is capped at $2 million per year. "
Picture
Senate Supporters
Bergstrom
Brooks
Brown
Daniels
David
Dossett

Dugger
Floyd

Fry
Griffin
Ikley-Freeman

Jech
Matthews

McCortney
Murdock
Paxton
Pederson
Pemberton
​Pittman

Pugh
Rader
Rosino
Schulz
Scott
Sharp
Shaw
Simpson
Sparks

Stanislawski
Thompson
​Treat
Yen​
House
​Supporters
Babinec
Baker
Bennett (F)

Bennett (J)
Blancett

Boles
Caldwell
Cockroft
Condit
Dollens

Dunlap
Dunnington

Enns
Fetgatter
Ford (Roger)
Ford (Ross)
Frix
Gaddis
Goodwin
Griffith

Hall
Hilbert
Humphrey
Inman

Jordan
Kannady
Kerbs
Kouplen

Lawson
Loring
Lowe
Martinez
McBride
McDaniel
Meredith

Montgomery
Moore
Mulready
Munson

Newton
Nichols

Perryman
Pfeiffer
Roberts (D)
Rosecrants

Sanders
Sears
Stone
Tadlock

Taylor
Teague
Vaughan
Virgin
Walke

Wallace
Watson
West (J)
West (T)
Worthen
Wright
Young
Comments

    Sooner Politics
      Editorial  

    Picture
    David Van Risseghem reports the events and adds some perspective. 


    Search Our Archives.

    Get A Daily News Email

    * indicates required

    Get new posts by email:


    Archives

    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    August 2015
    January 2015


    Subscribe in a reader
    ​We recently moved our blog. Our archives are still partially stored at our old site. 

    Author

    David Van Risseghem  is the Publisher of SoonerPolitics.org. The resource is committed to informing & mobilizing conservative Oklahomans for civic reform.  This endeavor seeks to utilize the efforts of all cooperative facets of the Conservative movement...

    ​"No politician 'checks off every box" in your list of issues. You have to prioritize and use personal discretion regarding every current and future issue that you can imagine. Then you have to also judge integrity & consistency. A candidate's openness to study the issues & courage to think for themselves. Then you need to review their honesty & work ethic.  I respect any voter's decision, when they've informed themselves and took voting seriously." - David Van Risseghem
​FRONT PAGE •  OKLAHOMA NEWS • EDITORIAL • SOONER ISSUES •​ STATE GROUPS •​ SOONER ANALYSTS •​ LAWMAKER'S JOURNAL •​ NATION •​ NATIONAL COMMENTARY •​ CARTOONS •​ ​
Picture

918 . 928 . 7776

 SoonerPolitics.org is committed to informing & mobilizing conservative Oklahomans for civic reform & restored liberty. We seeks to utilize the efforts of all cooperative facets of the Conservative movement... Content of the diverse columns are solely at the discretion of the dozens of websites who create the content.   David Van Risseghem  is the founder of this platform.
 Sooner Politics News is a platform, not a media site. All our bloggers get their feeds promoted regardless of content. As soon as We suppress or delete even one posting, we become an endorser of whatever We didn't censor..The publisher doesn't (and could not) logically agree with all the content, so we would not expect any rational reader to agree, either. What we do hope, is that readers will think for themselves, and at least be better informed of the issues, events, and values that our citizen journalists work hard to provide for free.. We automate much of the tasks so that our sources' content gets as much exposure as possible. We encourage constructive discussion & debate. The solution is more free speech, not less.​

  • Front Page
  • Oklahoma News
    • Oklahoma Reports
    • OCPAC
    • Oklahoma Constitution News
    • Citizen of the Year
    • Oklahoma History
    • Today, In History
    • Oklahoma Center Square
    • Faked Out Sports
    • AP Wire
    • NewsBreak Oklahoma
    • Inside the Capitol
    • Lawton Rocks
    • Muskogee Now
    • OSU Sports
  • Podcasts
  • SPTV
    • Fresh Black Coffee, with Eddie Huff
    • AircraftSparky
    • Red River TV
    • Oklahoma TV
    • E PLURIBUS OTAP
    • Tapp's Common Sense
  • Editorial
    • From the Editor
    • Weekend Report
    • 3D Politics
    • Reagan Speaks
  • Sooner Issues
    • Corruption Chronicle
    • Constitutional Grounds
    • State Groups
  • Sooner Analysts
    • OCPA
    • Muskogee Politico
    • Rooke Report
    • SoonerPoll
    • Everett Piper
    • Andrew Spiropoulos
    • Tulsa Devil's Advocate
    • Eddie Huff & Friends
    • 1889 Institute
    • Steve Byas
    • Michael Bates
    • Steve Fair
    • Josh Lewis
    • Tulsa Today
    • OK2A
    • Dr. Jim Meehan
    • AFP Oklahoma
    • Sooner Tea Party
  • Nation
    • Bongino Report
    • Breitbart News
    • Daily wire
    • Steven Crowder
    • InfoWars News
    • Jeff Davis
    • Alex Lains
    • The F1rst
    • Nigel Farage
    • NewsMax
    • America's Voice
    • Ron Paul Institute
    • Bill Gertz
    • Emerald
    • Just the News
    • Trey Gowdy
    • Fox Politics
    • National Commentary
  • Wit & Whimsy
    • Libs of Tiktok
    • It's Still The Law
    • Terrence Williams
    • Witty Cartoons
    • Will Rogers Said
    • Steeple Chasers
    • The Partisan
    • Satire
  • SoonerPolitics.org