Oklahoma Watch: Transferring tax breaks raises concerns state's residents
BY WARREN VIETH, OKLAHOMA WATCH
A survey by SoonerPoll.com on behalf of Oklahoma Watch revealed most Oklahoma� voters had a lack of familiarity with the 480 credits, deductions, exemptions� and other incentives contained in the Oklahoma tax code.
Oklahoma� voters say they don't know a lot about tax breaks, but they don't like the sound� of �transferable� credits that can be sold by one taxpayer to another.
Oklahoma Watch is a nonprofit, investigative and in-depth reporting team that� collaborates with news organizations and higher education to produce journalism� that makes a difference in the lives of Oklahomans.
A survey by SoonerPoll.com� on behalf of Oklahoma Watch revealed most had a lack of familiarity with the 480� credits, deductions, exemptions and other incentives contained in the Oklahoma� tax code.
Complete Coverage -- Tax Breaks:�What the numbers mean to Oklahoma
�I'm 78 years old, and I've been in business dang near all my life,� said Barbara� Kerr, of Okmulgee, who has operated a beauty shop, a bar, a grocery store� and a service station. �I didn't get any special breaks that I know of.�
Despite their unfamiliarity, slightly more than half � 51 percent � of those� polled endorsed the view that some people, corporations, interest groups and� associations should receive tax breaks, compared with 36 percent who opposed all� state tax incentives.
But sentiments turned strongly negative when voters were asked about their� views toward transferable tax credits. Three in four respondents opposed tax� breaks altogether or said the state should stop letting recipients sell their� credits to other people.
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