The Norman Transcript
NORMAN — Editor, The Transcript:
Household and government budgets are necessary to keep spending on track. Voters’ choices can determine the direction of budget cuts and adjustments. Always vote smart.
The Clinton administration left a huge budget surplus for the Bush administration. The Bush administration left two wars, a tanked stock market, more than a trillion dollar deficit and a Great Recession for the Obama administration. We have yet to see what the Obama administration passes to the next administration.
The inherited huge deficit has forced the present administration to make some difficult choices, like cutting government services, education, etc. With states receiving less governmental monies, Oklahoma Gov. Mary Fallin’s administration inherited a fairly balanced budget.
However, one of their early actions was to eliminate the estate tax that left a hole in their budget. Now, there’s the income tax cut — another major hole in the budget. Even if you receive only a plus or minus 93-cent tax refund, others at the upper income level get umpteen times more than that. So, what can the Fallin administration do to make up that shortage? One of the obvious choices is to cut services, such as education.
Those in charge of our students’ education also have choices. Some can cut teachers’ and others’ pay or they can raise property taxes to pay for the education shortfall. All of these cuts can only be reversed with administrations raising taxes.
Wise administrations cut taxes when there’s an assured new income to cover the taxes cut, not because they want to or can. We, the people, have choices, too. Vote for the property tax increase so our students continue to have a quality education — or not. There’s no free lunch.
Vote Republican? Why?
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