Republican Floor Leader
Senator Glenn Coffee
State Capitol Room 531
Oklahoma City, Oklahoma 73105
For Immediate Release: February 14, 2006
Senate Democrats’ Effort to Expand
Welfare-Style Program Defeated in Finance Committee
Republican senator seeks committee hearing on his
bill to reduce income tax on low income Oklahomans
By a 7 to 6 vote, Republicans on the Senate’s
Finance Committee defeated an effort by Senate Democrats
to expand a welfare-style program.
Senate Bill 1821, by Sen. Constance Johnson,
D-Oklahoma City, would have doubled the state’s
Earned Income Credit, a welfare-style program that provides
income tax “refunds” to some individuals
even when they pay very little or no income taxes.
“I think Sen. Constance Johnson
means well, but her bill is the latest in a long line
of the Senate Democrats’ failed economic policies
that have made Oklahoma one of the poorest, most anti-business
states in the union,” stated Senate Republican
Leader Glenn Coffee, a member of the Finance Committee.
“Senate Republicans believe a better
way to attract and keep good jobs is through comprehensive,
long-term tax reforms that reduce the tax burden and
attract capital, investments, and entrepreneurs to our
state,” said Coffee, R-Oklahoma City.
Sen. Mike Johnson, R-Kingfisher, said
his Senate Bill 32 represents a better way to reduce
the tax burden on low income Oklahomans.
“My bill, SB 32, represents a better
way to reduce the tax burden on low income Oklahomans
by tripling the state’s personal income tax exemption
from $1,000 to $3,000. This new exemption could take
thousands of low income Oklahomans entirely off our
tax rolls,” said Mike Johnson, a member of the
Senate Finance Committee, noting that the state’s
highest income tax rate kicks in at around $10,000 of
Mike Johnson asked Finance Committee Chairman
Jay Paul Gumm, D-Durant, to hear Senate Bill 32 at next
week’s Finance Committee meeting. Sen. Gumm was
non-committal in his response.
more information contact:
Senate Republican Assistant's Office - (405) 521-5654