The Enid News and Eagle, Enid, OK

Opinion

December 14, 2012

Fallin, legislators should proceed with caution on cutting state income taxes

ENID, Okla. — Gov. Mary Fallin and legislative leaders have brought up the idea of cutting the state income tax again when the Legislature returns in February.

Fallin laid out a tax-cut plan last session, but it fell apart for a variety of reasons.

A lot of what could be proposed this time will depend on what happens in Washington, D.C., where lawmakers and the president continue to wrangle over the budget situation.

Whatever happens, we would urge Fallin and legislative leaders to proceed with caution.

Sure, we all would love to pay lower taxes. Who wouldn’t? But, state government also has a responsibility to provide the core services we all need, and the money for those services must come from somewhere.

There’s education to fund, at the common school level and higher education. Our state’s roads and bridges continue to rank near the bottom. They’ve got to be repaired.

Senate President Pro Tem Brian Bingman, R-Sapulpa, had some wise remarks: “Oklahoma is in much better shape than the rest of the states, but I think there are ways to look at being responsible when we look at cutting taxes.”

He also said the state has “a lot of challenges ahead of us, and the economy is not growing the way we want it to ...”

One of those challenges we can readily see is the continued drought. According to figures from Oklahoma State University, during the past two years the drought has had a $2 billion impact on agriculture.

That’s a huge amount of money, and around  here think about the ripple effect such losses would have. Farmers lose income, they spend less at stores, etc.

Yes, any such talk of tax cuts needs to be done with a large amount of caution.

Text Only
Opinion
Featured Ads
AP Video
Johnson: Don't Blame Islam or UK Policy Raw: 80-Year-Old Climbs Mount Everest Wash. State Man Arrested Following Ricin Scare Chain-Reaction School Bus Crash Injures About 50 Raw: Scuffles in London After Hacking Death Texas Students Coach Teachers on Fitness New Forecasting Tool Eyed for Hurricane Season Meet MJ, the Bike Riding Tabby Cat Britain Attack Believed Linked to Radical Islam Raw: Kevin Durant Tours Moore After $1M Pledge Man Shot While Questioned in Boston Probe Weiner Launches Bid to Become NYC Mayor Okla. Teens Get Video of Deadly Tornado Overhead School Storm Protection Spotty in Tornado Zones 9-year-old Tornado Victim Loved Family, Singing Moore Native Toby Keith Tours Tornado Damage Oklahoma Survivors, Heroes Survey Damage Raw: Aftermath of Deadly Attack in London Paperless Scanner, Vision of the Future
NDN Video
AK-47-wielding thug may be the most bumbling crook ever Oklahoma Survivors, Heroes Survey Damage Trout's cycle a boost for Angels Raw: New Video of Deadly Oklahoma Tornado Kim Kardashian Flaunts Pregnant Bikini Body in Greece NBA star pledges $1M to help tornado recovery Shakira's Shocking Talent Morgan Freeman falls asleep on air GRAPHIC: Blood-Soaked Machete Killer Caught on Tape Elin Nordegren Furious With Lindsey Vonn For Parading Kids in Public Camera Captures Climber As He Loses Grip And Falls Helen Mirren Meets with Dying Boy in Queen Elizabeth's Place Crowd Chants '¡Si, Se Puede!' After Passage of Immigration Bill DWTS Crowns a Winner Police Ram House to End Hostage Standoff Demi Moore a Rocks Bikini at Harry Morton's Family House Anthony Weiner: I'm running for New York City mayor Kate Middleton's Dress Flies Up VIRAL: Baby makes epic soccer goal The Hangover Baby All Grown Up
Seasonal Content
House Ads