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TopicCorporate income tax
ContentRepeal the corporate income tax. State politicians have created a costly and complex mess with corporate income taxes. As the mobility of corporate profits continues to rise, the corporate tax will become more inefficient and tougher for Oklahoma to enforce. The solution is to repeal the tax, with the modest revenue loss to the state government made up with cuts to state business subsidies. The result would be a more efficient state fiscal system that did not favor any particular industry but promoted higher growth in all industries.
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