Oklahoma City, Oklahoma 73105
For Immediate Release: February 11, 2011
Sen. David Holt
New Poll Shows Support for Sen. Holt’s Tax Cut Bill
State Sen. David
Holt says the results of a just-released poll show Oklahomans
strongly support his legislation to reduce the state’s income
tax rate. SoonerPoll.com and the Oklahoma Council of Public Affairs
released an independent, scientific, statewide poll on Friday that
shows Oklahomans want the Legislature to lower the income tax and
boost Oklahoma’s economy as a result.
According to the poll of 508 likely voters, 49.8 percent of Oklahomans
support Holt’s proposal, with only 37.4 percent opposed to
lowering the income tax rate. The remaining 12.8 percent of those
polled were undecided. Among Republicans, support rose to 54.9 percent.
“The fact is, reducing our state income tax would give us
a greater competitive edge for attracting business, and the time
to do this is now,” said Holt, R-Oklahoma City. “This
poll tells us that Oklahomans understand that and they support this
The new survey follows OCPA’s endorsement last week of Holt’s
proposed 4.25 percent rate. Holt’s bill would lower the state's
income tax rate by one percentage point, at a pace of one-tenth
of one percent each year for the next decade. The reduction would
likely begin January 1, 2013; one year after the currently pending
cut from 5.5 to 5.25 percent is implemented. At the conclusion of
Holt’s proposed cuts, the state income tax rate would be 4.25
percent. Holt has stated that he would also welcome an acceleration
of the proposed cuts.
“I’m open to any proposal that includes scheduling more
reductions in the state’s income tax rate. What’s important
is that we continue to make our rate more competitive,” Holt
said. “With the last scheduled cut less than a year away,
I think now is the time to send a message to the people of Oklahoma
and the job creators of America.”
SB 70 is awaiting consideration by the Senate Finance Committee.
To read more about the poll, go to http://soonerpoll.com/oklahomans-favor-reducing-state-income-taxes/.
For more information contact:
Sen. Holt: (405) 521-5636