We could also increase taxes. Everybody loves that. Except what good would it do? What we relied upon was income tax from all the people working the wells. Now the wells are in the ground and we don’t need the labor, so what good is an income tax increase? Tax the oil subsidies themselves? Maybe, but at some point, you drive out the business and you can dig shale in a lot of places other than Oklahoma. Just a note on history, Oklahoma used to be a world leader in the growing and manufacturing of cotton around the 1940’s and 1950’s. Not anymore. Wonder if there is something to be learned there. We could also amend the Oklahoma Constitution to allow for a higher real estate tax. That works great for Texas. I don’t know why we don’t here.
Of course… we could also talk about illegal immigration.
This is part of a series on Education in Oklahoma:
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