Wednesday, April 04, 2007

Oklahoma Rated 6th Lowest Taxed State

Oklahoma was rated by as the 6th most tax-friendly state in the U.S. For all the whining we hear from the Republicans here about how our taxes are among the highest in the country, this report should put that to rest. It won't, but it should.

For that matter, we keep hearing how Oklahoma is so unfriendly to business, but our corporate laws are almost identical to Delaware, which is supposed to be the Gold Standard for corporate-friendly statutes.

Property taxes here are extremely low. Property itself is cheap compared to the rest of the country. The state is centrally located geographically. We have three major interstate highways that cut through the state.

Would someone remind me why we don't get more industry here?

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