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Oklahoma has enacted a number of taxes on alcoholic beverages. The alcoholic beverage tax on liquor is an excise tax varying in amount depending on the alcohol by volume of the drink and an excise tax of $11.25 on each barrel of low-alcohol beer sold. A special sales tax of 13.5% is levied on the sale of all mixed drinks.
If you bought a house this year, and are living in it by Jan. 1, 2024, it's time to be thinking about filing for a homestead exemption to trim your property tax bill.
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
The effect of this type of tax can be illustrated on a standard supply and demand diagram. Without a tax, the equilibrium price will be at Pe and the equilibrium quantity will be at Qe. After a tax is imposed, the price consumers pay will shift to Pc and the price producers receive will shift to Pp. The consumers' price will be equal to the ...
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Only 12 states will continue to tax groceries after Oklahoma's new policy takes effect, and that could decrease to seven by 2026.
The original Metropolitan Area Projects Plan, or MAPS, was a $350 million public works and redevelopment project in Oklahoma City, Oklahoma during the middle to late 1990s, funded by a temporary, five year, voter-approved sales tax increase. [6] "
Property values and tax levies, led by booming home prices, are higher than ever in Oklahoma County. It's good for public schools and other services.