Tulsa's Mayor

[Conan71]

Why does anyone give two craps about the size of her house or where she files her taxes?  Whether or not she's got a tennis court or seven?  Who her neighbors are in Ft. Lauderdale?  Stop sniping and vote her out of office if it's troublesome to you.

[sauerkraut]

Kathy's real home in in FL and that state has no income taxes. Or, at least that's whay I have been told.

[ILUVTulsa]

Kathy's real home in in FL and that state has no income taxes. Or, at least that's whay I have been told.

If she's claiming FL residency, taking no OK salary to avoid state taxes, does any of her Mayoral actions have any legitimacy?

[Vision 2025]

Kathy's real home in in FL and that state has no income taxes. Or, at least that's whay I have been told.

So why would someone with obvious significant investment income have Florida as their residence over Oklahoma for tax purposes... Yes, Florida does not have a state income tax but that is only for wages earned and miscellaneous income in the state but Florida taxes investment or passive income (stocks bonds, real estate income...) at a flat 15%.   Oklahoma taxes investment earnings like any other income at what 6 or 7%...

[buckeye]

Ah, Tulsa Tennis Club.  That explains that, thank you.

It doesn't necessarily reflect on her as mayor, but goddang...I'm still just flabbergasted.

[RecycleMichael]

I believe the highest income tax rate for Oklahomans in 2008 was 5.5%. It keeps going down .25% each year.

[Conan71]

I believe the highest income tax rate for Oklahomans in 2008 was 5.5%. It keeps going down .25% each year.

...and it's showing.  I'm normally a tax-cut person, Oklahoma doesn't need less revenue right now.

[TURobY]

I thought all of this was hashed out during the last mayoral election...

[joiei]

Kathy's real home in in FL and that state has no income taxes. Or, at least that's whay I have been told.

to borrow a Reaganism,  There you go again,  spreading unsupported rumors.   Do you have any good rumors about the mayor of Omaha you can smear him with? 

[RecycleMichael]

He puts the "HA" in Omaha.

[swake]

to borrow a Reaganism,  There you go again,  spreading unsupported rumors.   Do you have any good rumors about the mayor of Omaha you can smear him with? 

Aren't you glad he doesn't vote, anywhere?

[sgrizzle]

If she's claiming FL residency, taking no OK salary to avoid state taxes, does any of her Mayoral actions have any legitimacy?

She's also a space alien, the city councilors are all dwarves and you seem to believe everything negative you read.

[Gaspar]

She's also a space alien, the city councilors are all dwarves and you seem to believe everything negative you read.

They don't like to be called dwarfs, they prefer "little counselors".

[Oil Capital]

So why would someone with obvious significant investment income have Florida as their residence over Oklahoma for tax purposes... Yes, Florida does not have a state income tax but that is only for wages earned and miscellaneous income in the state but Florida taxes investment or passive income (stocks bonds, real estate income...) at a flat 15%.   Oklahoma taxes investment earnings like any other income at what 6 or 7%...

Do you have a source for that information about Florida taxing investment and passive income at 15%?  I can find no evidence of such a tax.

(For the record, I'm not buying that Kathy maintains her legal residence in Florida.  Mr. Kathy Taylor may well maintain his residence in Florida... but I doubt she does and don't think she could, legally.)

[Vision 2025]

Do you have a source for that information about Florida taxing investment and passive income at 15%?  I can find no evidence of such a tax.

(For the record, I'm not buying that Kathy maintains her legal residence in Florida.  Mr. Kathy Taylor may well maintain his residence in Florida... but I doubt she does and don't think she could, legally.)

I'll see what I can find that is official.  I have family that lives there and they gripe profusely about it every year come tax time.  We have some common passive assets and they are affected in Florida but were not in Texas where they used to live...  Florida also does a neat stunt with visiting boats and aircraft (the AOPA sends out warnings to its members each year about this)... spend (I think it is) 3 weeks in the state and using airport and marina activity records they file a tax lien for sales tax and force you to register the asset in their state even if you are not a resident and charge sales tax based on their determination of the assets value regardless if you have owned it forever in another state.