CapBeatOK: Conservatives ‘Encouraged’ by Chamber Support of Tax Cut Measure
Conservatives cheer as State Chamber of Oklahoma supports ‘Shannon-Fallin tax cut’
Patrick B. McGuigan
Published: 21-Mar-2013
OKLAHOMA CITY – A representative of the Oklahoma State Chamber of Commerce told CapitolBeatOK the group supports an income tax cut proposal advanced from the House to the Senate.
Responding to the news, the state’s leading advocate of income tax reductions said the Chamber’s position is “exciting and encouraging.”
In response to questions from CapitolBeatOK, spokeswoman Jennifer Monies said the Chamber supports House Bill 2032 “in its current form.” Monies works for the group’s president, former state Rep. Fred Morgan.
H. B. 2032, sponsored by House Speaker T.W. Shannon, would reduce the state’s personal income tax rate to 4.99 percent, down from its present 5.25 percent rate.