Mazzei Proposed Income Tax Cut for Oklahoma Voters
Gubernatorial candidate Mike Mazzei unveiled plans to reduce state income taxes and phase out certain property taxes.
Updated on Oct. 2, 2026 in Taxes
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Republican gubernatorial candidate Mike Mazzei recently announced a campaign platform featuring a reduction of the state individual income tax from 4.5% to 3%. The proposal also includes a multi-year plan to eliminate property taxes for veterans and senior citizens.
Why it matters
These tax adjustments are designed to address rising household living costs for Oklahomans. The candidate claims the plan will be achieved through a revenue-neutral path while focusing on controlling state government spending.
The plan targets a reduction of the current 4.5% individual income tax rate down to 3% over a six-year period. Additionally, the proposal aims to phase out property taxes for seniors and veterans over three to six years.
The players
Mike Mazzei
A Republican candidate for Oklahoma governor, former state senator, and former Oklahoma Secretary of the Budget.
Cyndi Munson
The opponent of Mike Mazzei in the November 3 Oklahoma gubernatorial general election.
The details
The proposed income tax change follows a six-year, revenue-neutral strategy intended to lower the tax burden on residents. The property tax phase-out for seniors and veterans relies on a combination of disciplined state spending and projected economic growth. Separately, the candidate supports an aluminum smelter project in Inola, which is projected to generate $940 million in annual payroll and create 10,000 potential jobs.
Timeline
Three-to-six-year period for the phase-out of property taxes for seniors and veterans.
November 3, 2026, general election day.
Money Landscape
This proposal marks a potential shift in the state's long-term tax policy cycle. It follows historical debates regarding the balance between government spending and personal tax obligations in Oklahoma.
The proposed changes could influence future household tax obligations if enacted after the November election. Residents should track the legislative feasibility of these tax shifts and consult a tax professional regarding how potential changes might affect their personal financial planning.
The takeaway
The campaign has prioritized specific tax cuts as a means to alleviate household costs for residents across the state. Voters should watch for official debates or policy releases regarding the spending controls required to achieve these targets.
Further reading
For more on state fiscal policies, see the latest updates on Taxes.
Source note: This article includes information reported by KWON KYFM KRIG KPGM.
Live Poll
Do you support phasing out property taxes for seniors and veterans in your state?
