Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   
   
   
   
   

Agricultural News


Six-Cent Fuel Tax Increase a Small Price to Pay if it Means Keeping Farmers' Agricultural Exemption

Fri, 12 Jan 2018 16:16:54 CST

Six-Cent Fuel Tax Increase a Small Price to Pay if it Means Keeping Farmers' Agricultural Exemption As Oklahomans continue to find themselves in a battle to find a resolution to keep funding their state government programs, Joe Neal Hampton, executive director of the Oklahoma Grain & Feed Association, Oklahoma Agribusiness Retailers Association and the Oklahoma Wheat Growers Association, brought to producers’ attention a new proposal by a group of civic and business leaders to bolster the state’s revenue stream at a grain sorghum producers meeting during the Enid Farm Show. Radio Oklahoma Ag Network Farm Director Ron Hays spoke with Hampton after the meeting for his thoughts on the proposed plan and how Oklahoma’s agriculture industry would be affected. Listen to their complete conversation by clicking or tapping the LISTEN BAR below.


“I think it makes a lot of sense and the only real thing I see that would effect agriculture and rural Oklahoma is the six-cent increase in fuel tax,” Hampton said.


A small price to pay he says, if the industry hopes to keep its tax-exempt status for farm purchases - seen today as low-hanging fruit in the eyes of urban legislators. In Hampton’s view, it is time Oklahoma gave into raising its fuel tax. According to him, Oklahoma has the lowest fuel tax in the region and is among the top five states with the lowest fuel tax, which has not been increased since the 1980s. He admitted to being embarrassed of the state’s inability to pay teachers competitive salaries, fully-fund education programs, maintain our roads and bridges, control our prison population and added to the list rural Oklahoma’s suffering healthcare resources.


“We can’t keep going with continued budget deficits and robbing Peter to pay Paul,” Hampton remarked. “I know taxes are uncomfortable. People don’t like them. But, if you want to fund things you expect from government, then we’ve got to get some of the stuff we’ve given away in the past back.”


Hampton says the ag tax exemption is farmers’ Holy Grail and something the rural community can’t afford to lose.


“It would just be devastating to the grain elevators, fertilizers and seed dealers,” he said. “And it would add quite a bit to farmers’ expenses and cause them to borrow more money. So, we’ve got to be careful.”



   



   

Hear Joe Neal Hampton and Ron Hays discuss the new Step Up plan to grow state coffers revenue.
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Wednesday Preopening Market Update with Dave Lanning  Wed, 19 Sep 2018 07:10:45 CDT
  • Wednesday Preopening Market Update with Dave Lanning  Wed, 19 Sep 2018 07:06:38 CDT
  • Bill Buckner Announces End of the Year Retirement from Noble Research Institute  Tue, 18 Sep 2018 17:17:30 CDT
  • Bill Buckner Announces Retirement from Noble Research Institute- Effective the End of 2018  Tue, 18 Sep 2018 17:05:35 CDT
  • Steer and Heifer Calves Sell 3.00 - 6.00 Higher Tuesday at OKC West Livestock Auction in El Reno  Tue, 18 Sep 2018 16:09:38 CDT
  • Okarche Dairy Producer Angie Meyer Offers Some Perspective on Ice Cream's Unassuming Origins  Tue, 18 Sep 2018 15:16:49 CDT
  • USDA Announces $102.7 Million Investment to Expand Markets for Specialty Crop and Other Farmers  Tue, 18 Sep 2018 15:05:58 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Tuesday, September 18, 2018  Tue, 18 Sep 2018 14:49:56 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Livestock Exchange Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com

    Find more about Weather in Oklahoma City, OK

       
       
    © 2008-2018 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.