In addition, sales tax schemes like this are a way of ensuring those who live paycheck to paycheck pay taxes on nearly all of there income (save rent/mortgage, food and medical) while the wealthy pay less and less per dollar the higher their income. Its like taking a baseball bat to the knees of the middle class.

Basically, this idea is foolish, naive, crippling to middle and lower class and allows for the state government to intrude into small communities’ affairs. Republicans are constantly throwing a hissy fit about the federal government intruding on the state’s by making them more reliant on the federal government but this scheme does the exact same thing except its the state government intruding on municipalities.

I ask Dank to go to Memphis, talk to the Shelby County Commissioner, talk to the mayor and talk to the citizens before he starts wasting his time on this fools- errand.

I know many want to lower wages also!
http://www.examiner.com/democrat-in-los-angeles/republicans-call-for-lowering-eliminating-federal-minimum-wage

Gee that would help us!
http://www.youtube.com/watch?v=L9zqDZkv9eA

This presentation is a perfect example of how little Oklahoman officials and the media know about our tax credit programs and problems. To present an attorney as the state’s foremost experts on tax credits is like presenting the attorney for a neurosurgeon as the foremost neurosurgeon in the state. Would you want an attorney operating on your brain? How about, letting a cab driver pilot a jet liner.

This presentation does nothing to provide meaningful information. That being said, the slide presentation does not represent these programs, and reads like something entirely different. It lacking coherency, has misinformation, statements that make no sense in several areas; and meaningless information.

These programs were created for misuse and fraud in the mid 1980’s and have been used that way every since. Every time legislators have claimed to take action, they have only produced more fraud friendly programs. They do not have a clue the programs work, are ignoring the issues, and relying on misleading and meaningless issue.

This is a ruse and another cover up to keep the programs available for fraud. The same as happened in

- 2005 when they were supposedly closing a loophole. Instead language was slipped in that allowed exchanging tax credits for tax refund checks that could be sent out of country to launder.

- 2006 when they were supposedly closing the loophole, that didn’t get closed in 2005. The reason the loophole wasn’t close? According to former State Senator Ted Fisher, someone tweaked the language and he didn’t catch it

The real truth a loophole had nothing to do with the problems in 2005 or 2006.

- 2007 two more cover ups.

1) Open Books which gave us a false sense of security that we would see the hidden spending. Anyone willing to check will see the hidden spending is not reported.

2) Using the State Securities Dept to claim a 2007 letter offering $2 in tax credits for each $1 invested, was not a securities violation! Say what? The question was about tax credit fraud, and had nothing to do with securities violations.