Barrington Wants No Tax On Federal Rebates
Senator Don Barrington wants to ensure that any federal tax rebates this year are exempt from state income taxes.
“If the State of Oklahoma taxes these federal rebates, it will diminish the impact of the stimulus package on our state’s economy,” Barrington said. “It is imperative that the Legislature takes action this session to make sure Oklahomans don’t have to fork over part of their federal rebate to the state government.”
Barrington, R-Lawton, plans to add the proposal as an amendment to SB 1149, his legislation to expand the state sales tax holiday to include school supplies.
“If the State of Oklahoma taxes these federal rebates, it will diminish the impact of the stimulus package on our state’s economy,” Barrington said. “It is imperative that the Legislature takes action this session to make sure Oklahomans don’t have to fork over part of their federal rebate to the state government.”
Barrington, R-Lawton, plans to add the proposal as an amendment to SB 1149, his legislation to expand the state sales tax holiday to include school supplies.
Labels: Don Barrington, Federal Tax Rebates
posted by Mike McCarville @ 9:04 AM
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