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Income taxes are steadily increased as a major State revenue source since 1933 when the Oklahoma Constitution was amended to prohibit State-level taxation of property. Income taxes are now the largest source of revenue for the State government, accounting for approximately 38% of total state revenue - 32% from individuals and 6% from corporations.
Here's how long it takes to get your Oklahoma tax refund, and how to file if you haven't already. Taxpayers have until April 15 to file their 2023 federal and state of Oklahoma income tax returns.
Oklahoma is the 37th-richest state in the United States, with a per capita income of $32,210 in 2006 and the third fastest-growing per capita income in the United States. [1] Oklahoma also has one of the lowest costs of living in the United States, making its relative per capita income levels much higher than its ranking among states.
A few Oklahoma counties also exceed the U.S. national average for income, population growth rate, education, and have a lower rate of poverty. Republican candidate Donald J. Trump received a plurality of votes in every Oklahoma county, and a majority in every county but one in the 2020 Presidential election.
The proposal was the first Senate bill filed ahead of the 2025 legislative session, which starts in February.
This can include birth certificates, U.S. income tax returns, utility bills, leases, school records, medical records, or bank records. Have an electronic folder that can be accessible by phone.
The Oklahoma State Budget for Fiscal Year 2010, is a spending request by Governor Brad Henry to fund government operations for July 1, 2009–June 30, 2010. Governor Henry and legislative leader approved the budget in May 2009.
There were approximately 1.8 million in the Oklahoma labor force in 2018. The private sector employs 90% of working Oklahomans, with the government (federal, state, and local) employing 9%. The largest employer in the state is the United States Department of Defense , which employs approximately 69,000 workers or 3.8% of all working Oklahomans.