Originally Posted by
highfarfast
No? Someone I know recently moved there and told me that. Maybe he was mistaken and will be disappointed when he has to file taxes next year! lol
I did wonder how they’d make up the revenue when he said it (ie, property taxes or sales taxes… gotta collect somehow).
There is no mention of income tax being abolished in OK. Current rate is 4.75% for income over 12.2k(7.2k for single filers).
As you said…they will get the money one way or another…income tax or property/sales tax. The difference is that if you’re a very high wage earner and live in a modest home…you pay far less overall taxes in a place like TX than OK at this time.
https://oklahoma.gov/tax/individuals...xes.html#RATES