Prowlingowl.com

Impact

Economic development lost revenue v Teachers pay

View

Oklahoma State Ranking Composite

New jobs claimed v actual employment

Oklahoma v U.S. Employment 2003-16

Actual Oklahoma Employment v Jobs that would have had to be created based on the amount uncovered for tax credits allowed for one of Oklahoma's sixty-three hidden tax credits.

68 O.S. ยง2357.4 Oklahoma Investment/New Jobs Credit, which allows

  1. For investments is less than $40 million $500 in tax credits for each new job created or 1% of funds invested. Max employment (cumulative).
  2. For investments more than $40 million $1,000 in tax credits for each new job created or 2% of funds invested. Min employment. (cumulative).

The amounts can be seen Oklahoma's Datagov Tax Credits. Note: data.ok.gov (Openbooks) was not reported until after the 2009 cover-up, and then caught in parts over several years. Keep in mind there was no documentation or records of tax credits used.

Source for Oklahoma's employment. Bureau of Labor Statistics.


Copyright 2007 - 2020 ProwlingOwl.com   See disclosures   Email: taxwatch@prowlingowl.com