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Economic Freedom
Time to Do Something Great: A Freedom Agenda for 2013

December 5, 2012 - 4:19pm CST

It’s been said that there are two types of people in politics: those who want to be somebody great, and those who want to do something great. Clearly President Barack Obama is the latter. During his first presidential campaign, Mr. Obama made the point that “Ronald Reagan changed the trajectory of ... READ MORE

James Harden’s State Income Tax: ‘Zilch’

December 5, 2012 - 4:18pm CST

The Houston Rockets, which recently acquired ex-Oklahoma City Thunder star James Harden in a trade, had more to offer Harden than extended time on the court or even a five-year, $80-million contract extension. Just as LeBron James benefited when he moved from high-income-tax Cleveland to no-income-... READ MORE

Administrative Hiring Binge Costs $229 Million Annually

December 5, 2012 - 4:15pm CST

Moderator Bob Schieffer was only partly right in a recent presidential debate when he said, “I think we all love teachers.” Decades-long employment increases among public school administrators and nonteaching personnel imply they are loved more so. But there is a cost to such staff growth, particul... READ MORE

It’s Time to Stop Taxpayer Funding of the Indian Museum

November 5, 2012 - 4:25pm CST

Findings in the recent performance audit of the Native American Cultural and Education Authority (NACEA) leave no doubt that it’s time to put an end to taxpayer funding for the NACEA, and that lawmakers were right to reject another bond proposal. The findings of the performance audit are discouragi... READ MORE

Oklahoma’s Pension Problems Are Worse than You Think

November 5, 2012 - 4:23pm CST

As we’ve pointed out numerous times in these pages, Oklahoma’s pension crisis is far worse than the official estimates. The official estimates are guided by the dictates of the Governmental Accounting Standards Board (GASB). Finally, after years of debate, GASB is taking the first timid steps towar... READ MORE

Incoming House Speaker Says Oklahoma Is ‘Addicted to Federal Spending’

October 4, 2012 - 4:39pm CDT

Cato Institute analyst Tad DeHaven, a former budget policy adviser to Sen. Tom Coburn, recently pointed out that state policymakers have become “dangerously reliant on federal money.” In a very real sense, state policymakers receive federal bailouts every year. As the economist Herbert Stein famous... READ MORE

Voting with Their Feet

October 4, 2012 - 4:36pm CDT

We’ve looked at the income-tax evidence for more than two decades, with data dating back to 1960, and we’ve found that in any 10-year period you look at, America’s no-income-tax states consistently outperform the equivalent number of the highest-income-tax states. We and lots of other people also h... READ MORE

Should you vote “yes” on State Question 766?

October 4, 2012 - 4:30pm CDT

Among the half-dozen ballot questions facing Oklahoma voters in November, State Question 766 is arguably the most significant in economic terms. If voters agree, the measure would exempt “all intangible personal property from property tax. No person, family or business would pay a tax on intangible... READ MORE

It’s Time for Government Pension Reform in Oklahoma

October 4, 2012 - 4:27pm CDT

Conservatives across Oklahoma must be asking themselves how it is possible that a government controlled by Republicans can’t pass government-pension reform that is bolder than what a bunch of Democrats in Rhode Island did earlier this year. More pointedly, why can’t Oklahoma—where labor unions are ... READ MORE

Lower Tax Rates, Higher Tax Revenues

September 4, 2012 - 4:46pm CDT

The recent news that state tax revenues grew from Fiscal Year 2011 to Fiscal Year 2012 is indicative of the hard work of Oklahoma’s citizens. The state just completed a fiscal year that provides a valuable lesson for the future. Some may have forgotten the latter part of 2010 and the first couple m... READ MORE

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