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Taxation In Oklahoma
Taxation in Oklahoma takes many forms. Individuals and corporations in Oklahoma are required to pay taxes or fee charges to both levels of government: state and local. Taxes are collected by the government to support the provisions of public services. The Oklahoma Constitution vested the authority to levy taxes with the Oklahoma Legislature while the Oklahoma Tax Commission is the primary Executive agency responsible for collecting taxes. The most significant forms of taxation are income tax, sales tax, excise taxes, and property tax. State Taxation Income Taxes Taxes based on income are imposed at the State level, both on individuals and corporations. Oklahoma first enacted an individual income tax in 1915 and then a corporate income tax in 1931. Income taxes are steadily increased as a major State revenue source since 1933 when the Oklahoma Constitution was amended to prohibit State-level taxation of property. Income taxes are now the largest source of revenue for the State go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Services
A public service is any Service (economics), service intended to address specific needs pertaining to the aggregate members of a community. Public services are available to people within a government jurisdiction as provided directly through public sector agencies or via public financing to private businesses or voluntary organizations (or even as provided by family households, though terminology may differ depending on context). Other public services are undertaken on behalf of a government's residents or in the interest of its citizens. The term is associated with a social consensus (usually expressed through democratic elections) that certain services should be available to all, regardless of income, physical ability or intelligence, mental acuity. Examples of such services include the fire brigade, police, air force, and paramedics (see also public service broadcasting). Even where public services are neither publicly provided nor Public finance, publicly financed, they are u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oklahoma Aeronautics Commission
The Oklahoma Aeronautics Commission (OAC) is an agency of state government that is responsible for promoting aviation in the State. Under the supervision of the Oklahoma Secretary of Transportation, the Commission fosters the growth of the aerospace industry and ensures that the needs of business and communities in the State are met by the State's airports. The Commission encourages the establishment and maintenance of public airports, including the preservation and improvement of the State's 110 public airports. The Oklahoma Aeronautics Commission's mission is to promote aviation, which includes ensuring that the needs of commerce and communities across Oklahoma are met by the state's 110 public airports that comprise the state's air transportation system, and ensuring the growth and vitality of the state's aerospace industry. The commission is composed of seven members, each appointed by the Governor of Oklahoma, serving six-year terms. Five members are appointed from among Ok ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alcoholic Beverages
An alcoholic beverage (also called an alcoholic drink, adult beverage, or a drink) is a drink that contains ethanol, a type of alcohol that acts as a drug and is produced by fermentation of grains, fruits, or other sources of sugar. The consumption of alcoholic drinks, often referred to as "drinking", plays an important social role in many cultures. Most countries have laws regulating the production, sale, and consumption of alcoholic beverages. Regulations may require the labeling of the percentage alcohol content (as ABV or proof) and the use of a warning label. Some countries ban such activities entirely, but alcoholic drinks are legal in most parts of the world. The global alcoholic drink industry exceeded $1 trillion in 2018. Alcohol is a depressant, which in low doses causes euphoria, reduces anxiety, and increases sociability. In higher doses, it causes drunkenness, stupor, unconsciousness, or death. Long-term use can lead to an alcohol use disorder, an increased ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oklahoma Insurance Department
The Oklahoma Insurance Department (OID) is an agency of the state of Oklahoma under the Oklahoma Insurance Commissioner, a statewide elected official. The Oklahoma Insurance Department is responsible for supervising and regulating all insurance business in Oklahoma. The current Insurance Commissioner is Glen Mulready. Glen Mulready was sworn in as Oklahoma's 13th Insurance Commissioner on January 14, 2019. Responsibilities The Oklahoma Insurance Department is responsible for regulating and reviewing all insurance companies within Oklahoma to make sure they are solvent and comply with all insurance laws and regulations. The department also educates consumers about insurance by publishing information, providing rate guides on homeowners and auto insurance, hosting community events and answering general insurance inquiries. The OID is also responsible for helping consumers when they have disputes with insurance companies. Another duty of the department is to register and license a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Premium
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chewing Tobacco
Chewing tobacco is a type of smokeless tobacco product that is placed between the cheek and lower gum to draw out its flavor. Some users chew it, others do not. It consists of coarsely chopped aged tobacco that is flavored and often sweetened; it is not ground fine like dipping tobacco. Unwanted juices are then spat. Chewing tobacco may be left as loose leaf or compressed into a small rectangular "plug". Nearly all modern chewing tobaccos are produced by a process of leaf curing, cutting, fermentation, and processing, which may include sweetening and flavoring. Historically, many American chewing-tobacco brands popular during the American Civil War era were made with cigar clippings. Chewing tobacco is a source of nicotine. History Chewing is one of the oldest methods of consuming tobacco. Indigenous peoples of the Americas in both North and South America chewed the leaves of the plant long before the arrival of Europeans. The Southern United States was distinctive for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smoking Tobacco
Tobacco smoking is the practice of burning tobacco and ingesting the resulting smoke. The smoke may be inhaled, as is done with cigarettes, or simply released from the mouth, as is generally done with pipes and cigars. The practice is believed to have begun as early as 5000–3000 BC in Mesoamerica and South America. Tobacco was introduced to Eurasia in the late 17th century by European colonists, where it followed common trade routes. The practice encountered criticism from its first import into the Western world onwards but embedded itself in certain strata of a number of societies before becoming widespread upon the introduction of automated cigarette-rolling apparatus. Smoking is the most common method of consuming tobacco, and tobacco is the most common substance smoked. The agricultural product is often mixed with additives and then combusted. The resulting smoke is then inhaled and the active substances absorbed through the alveoli in the lungs or the oral mucosa. Many ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cigars
A cigar is a rolled bundle of dried and fermented tobacco leaves made to be smoked. Cigars are produced in a variety of sizes and shapes. Since the 20th century, almost all cigars are made of three distinct components: the filler, the binder leaf which holds the filler together, and a wrapper leaf, which is often the highest quality leaf used. Often there will be a cigar band printed with the cigar manufacturer's logo. Modern cigars often come with two bands, especially Cuban cigar bands, showing Limited Edition (''Edición Limitada'') bands displaying the year of production. Cigar tobacco is grown in significant quantities primarily in Central America and the islands of the Caribbean, including Cuba, the Dominican Republic, Haiti, Honduras, Mexico, Ecuador, Nicaragua, Guatemala, Costa Rica, Panama, and Puerto Rico; it is also produced in the Eastern United States, Brazil and in the Mediterranean countries of Italy and Spain (in the Canary Islands), and in Indonesia and the Phi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cigarettes
A cigarette is a narrow cylinder containing a combustible material, typically tobacco, that is rolled into thin paper for smoking. The cigarette is ignited at one end, causing it to smolder; the resulting smoke is orally inhaled via the opposite end. Cigarette smoking is the most common method of tobacco consumption. The term ''cigarette'', as commonly used, refers to a tobacco cigarette, but the word is sometimes used to refer to other substances, such as a cannabis cigarette or an herbal cigarette. A cigarette is distinguished from a cigar by its usually smaller size, use of processed leaf, and paper wrapping, which is typically white. Since the 1920s, scientists and doctors have been able to link smoking with respiratory illness. Researchers have identified negative health effects from smoking cigarettes such as cancer, chronic obstructive pulmonary disease (COPD), heart disease, and other health problems relating to nearly every organ of the body. Nicotine, the psychoact ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gasoline Gallon Equivalent
Gasoline gallon equivalent (GGE) or gasoline-equivalent gallon (GEG) is the amount of an alternative fuel it takes to equal the energy content of one liquid gallon of gasoline. GGE allows consumers to compare the energy content of competing fuels against a commonly known fuel, namely gasoline. It is difficult to compare the cost of gasoline with other fuels if they are sold in different units and physical forms. GGE attempts to solve this. One GGE of CNG and one GGE of electricity have exactly the same energy content as one gallon of gasoline. In this way, GGE provides a direct comparison of gasoline with alternative fuels, including those sold as a gas (natural gas, propane, hydrogen) and as metered electricity. Definition In 1994, the US National Institute of Standards and Technology (NIST) defined "gasoline gallon equivalent (GGE) s5.660 pounds of natural gas." Compressed natural gas (CNG), for example, is a gas rather than a liquid. It can be measured by its volume in stan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diesel Fuel
Diesel fuel , also called diesel oil, is any liquid fuel specifically designed for use in a diesel engine, a type of internal combustion engine in which fuel ignition takes place without a spark as a result of compression of the inlet air and then injection of fuel. Therefore, diesel fuel needs good compression ignition characteristics. The most common type of diesel fuel is a specific fractional distillate of petroleum fuel oil, but alternatives that are not derived from petroleum, such as biodiesel, biomass to liquid (BTL) or gas to liquid (GTL) diesel are increasingly being developed and adopted. To distinguish these types, petroleum-derived diesel is sometimes called petrodiesel in some academic circles. In many countries, diesel fuel is standardised. For example, in the European Union, the standard for diesel fuel is EN 590. Diesel fuel has many colloquial names; most commonly, it is simply referred to as ''diesel''. In the United Kingdom, diesel fuel for on-road use is c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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