For Immediate Release: April 10, 2003
Sen. Glenn Coffee
Senate Democrats Thwart GOP Attempt to Lower Tax Burden on Oklahoma
Seniors
Senator
Glenn Coffee said a procedural
move by Democrats has thwarted Republican efforts to cut taxes for retirees.
Senator Coffee was referring to a measure that would have eliminated
half of the state income tax for retirees once the economy improved.
“This session I authored legislation aimed at giving tax relief
to older Oklahomans. SB 550 was never even given a committee hearing,”
said Coffee, R-OKC. “On Tuesday, I attempted to include that language
in another bill on the Senate floor, but the Democrats stopped the amendment
in its tracks. Their action was a blow to Oklahoma retirees and to economic
development.”
Senator Coffee noted that the plan to give Oklahoma’s seniors
income tax relief was one of Governor
Brad Henry’s campaign planks for helping grow the state’s
capital base. Senator Coffee said he was disappointed the governor had
remained silent on the proposal during legislative debate on the issue.
“During past economic downturns, the Legislature has come together
to create opportunities for growth such as the Quality Jobs Act and
OCAST. It is important that the Legislature has shown it can balance
the budget in a bipartisan fashion this year. But if we don’t
combine that with a serious effort to jumpstart our state’s economy,
it will be a disappointing session,” said Coffee.
For
more information, contact:
Senator Glenn Coffee
Assistant Republican Floor Leader
(405) 521-5636
