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Critics, Taxpayers Hesitant Over Proposed Income Tax Cut
OKLAHOMA CITY (AP) -- Many Oklahoma Republicans say they are determined to pass an income tax cut this year, even though it may not have a great impact on the average resident's pocketbook.
In fact, 40 percent of the state's earners wouldn't be eligible for the reduction. Republican Gov. Mary Fallin failed in her push for a much larger tax cut last year and GOP members say they are determined to reduce the income tax, even in a modest form.
Republicans control both Houses. If they stay united on the issue, the bill should reach Fallin's desk.
Some legislators have proposed other tax cuts but the focus this session is on Fallin's 0.25 percent cut.
For the typical Oklahoman, that would come to about $80 per year, a little over $6 per month.
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Posted: Sunday, February 10 2013, 04:22 PM CST
IN OKLAHOMA NEWS
Okla. Legislature honors Moore schools educators
May 23, 2013 22:06 GMT
OKLAHOMA CITY (AP) -- The Oklahoma Legislature is honoring two educators from a school district where a massive tornado destroyed one elementary school and heavily damaged another.
Robert Romines, incoming superintendent of Moore Public Schools, and Shelly McMillin, principal of Briarwood Elementary School, appeared before the Oklahoma House and Senate Thursday.
Their visit comes after a monstrous tornado ripped through Moore on Monday and destroyed the Plaza Towers Elementary School, killing seven third-graders. The same tornado heavily damaged Briarwood.
Romines says the area has witnessed a lot of devastation, but that it will rebuild. He asked lawmakers to pray for strength and wisdom and courage for the community.
Superintendent of Schools Janet Barresi says the Board of Education has agreed to suspend the remainder of Moore's school year and has waived some reporting requirements.
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From the FOX 25 First Forecast Center..Good morning everyone...
Not expecting organized severe weather but showers and t'storms from time to time could hamper tornado relief efforts. ...
Bernanke signals Fed to maintain stimulus efforts
WASHINGTON (AP) -- Chairman Ben Bernanke is telling Congress that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
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By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
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