Carnuccio: Tax cuts are working
Free Market Friday: Tax cuts are working
Published on February 14th, 2013
Written by: Michael C. Carnuccio
For the past decade, the Sooner State has benefited from being the most recent to remove union shackles from employees, while further empowering citizens with a 25-percent reduction in the top individual income tax rate.
However, nothing happens in a vacuum. As we begin another legislative session, Oklahoma’s government should recognize that we are landlocked in a competitive heartland that is moving the ball quite rapidly.
Take, for instance, Indiana. After two successful terms by Gov. Mitch Daniels that saw that state generate a surplus while others – including Oklahoma – suffered deficits during the latest recession, Indiana championed workplace freedom and created upward mobility for its neediest children through one of the most expansive school choice programs in the nation.