By Avoiding Debt, Oklahoma Could Set Example for Other States

It is a busy election year in the Sooner state, and four major state-wide ballot votes will put a lot on the line for taxpayers and businesses.

A 3 percent property tax cap to limit future increases, a separate proposal to eliminate ‘intangible’ personal property taxes, and elimination of the Department of Human Services, are all measures that will reduce the burden of Oklahoma’s government. The one pitfall on the ballot is $300 million worth of debt for sewage treatment.

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