Oklahoma income tax cut signed by Gov. Stitt

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Oklahoma Governor Kevin Stitt announced he has signed another income tax cut for Oklahomans Wednesday afternoon.

Sitt posted a video on his X account announcing the cut.

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“It has been a priority for the Stitt administration to lower taxes for hardworking Oklahomans so I’m fixing to sign right now another quarter of a point tax cut, but more importantly, it’s going to be a path to zero,” Stitt said in the video.

Stitt said he wants any excess revenue in Oklahoma to automatically generate a tax cut.

 

 

“This is going to make Oklahoma the most business-friendly state in the country,” Stitt said right before he signed the cut.

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Stitt has touted the benefits of continued tax cuts for Oklahomans during his time as Governor.

In August 2024, Oklahoma lawmakers voted to eliminate the state’s 4.5% grocery tax.

As for the 2025 session’s state budget, Governor Stitt has not signed it as of 8:45 p.m. Wednesday. The session is set to end Thursday or Friday.