OEA Puts Revenue Plan On Table

Frustrated by the Legislature's failure to pass a teacher pay raise plan, the Oklahoma Education Association on Friday unveiled its own revenue plan that if fully enacted would raise $905 million annually. OEA executive director David Duvall says it reflects the Oklahoma Standard. He says it asks everyone to 'play their part and pay their part'. The plan includes capping itemized deductions, eliminating the capital gains tax deduction, raising the gross production tax on new wells from 2 to 5 percent, allowing casino ball and dice games, a $5 per room hotel/motel tax, a 6-cent gas tax increase, a wind tax on generation, and a $1.50 per pack tax increase on cigarettes, among other changes.

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