Oklahoma’s Quick Action Closing Fund

Oklahoma’s Quick Action Closing Fund

Oklahoma’s Quick Action Closing Fund Author Tyler Williamson Abstract This paper uses the five part test developed in Policymaker’s Guide to Evaluating Corporate Welfare to evaluate Oklahoma’s Quick Action Closing Fund. It finds that the fund is a...
Commerce: Incentives Hurt Entrepreneurship

Commerce: Incentives Hurt Entrepreneurship

[E]conomic growth doesn’t come from government spending or planning, but from the heart and soul of entrepreneurs –men and women who are willing to take risks, who brave failure to seek success on the frontiers of enterprise....
Commerce: Incentives Hurt Entrepreneurship

Oklahoma Towns Continue to Use TIFs Despite Flaws

The Stillwater City Council recently approved a $275,000 (RE)Investment Plan payment to assist with the development of a taproom for Stonecloud Brewing Company in downtown Stillwater. According to the Stillwater NewsPress, the building chosen for renovation (the old...
Commerce: Incentives Hurt Entrepreneurship

Oklahoma Department of Commerce: California Dreamin’

When the Okies left Oklahoma and moved to California, it raised the I.Q. of both states. -Will Rogers In late 2019 the Oklahoma Department of Commerce started a campaign to convince California-based companies in Oklahoma’s key industry sectors to move to Oklahoma....
Commerce: Incentives Hurt Entrepreneurship

Lowering Taxes is the Best Economic Incentive

The art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing.   – Jean-Baptiste Colbert  Around 20 years ago Oklahoma had the idea to be on the cutting edge of commercial...