Communications & Public Affairs
April 2, 2018
FOR IMMEDIATE RELEASE:
Contact: State Rep. Steve Kouplen
Phone: (405) 557-7306
House Democrats Release Statement on Today’s Floor Session
OKLAHOMA CITY – House Democrats have released the following statement on Today’s floor session.
“Today, House Democrats stood with teachers and attempted several procedural maneuvers to bring legislation to the House floor that would provide sustainable long-term funding to education. Unfortunately, all but two Republicans voted not to hear the legislation that would have ended the capital gains tax exemption, which has cost Oklahoma more than $460 million over the course of five years and has shown a return investment of just $9 million.
This exemption disproportionally benefits wealthy individuals at the expense of Oklahoma’s education system and other core services. All 28 House Democrats remain ready to repeal this unnecessary burden on Oklahomans. We are calling on our friends across the aisle to do as the Senate has done and join us in ending this exemption so that teachers can go back to the classroom knowing that funding is on the way.”