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Sales Tax on horses proposed

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Last activity 2016-05-19 10:29 AM
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Steve BHWNews
Reg. Sep 2014
Posted 2016-05-18 11:13 AM
Subject: Sales Tax on horses proposed



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Gov. Mary Fallin wants to tax horses in the state of Oklahoma to make up for a $1.3 billion shortfall, yet they still give millions in subsidies to windmills and the Oklahoma Thunder Professional Basketball team.   The horse industry is already contributing their share to the govt. (Read Quarter Horse News article below for some amazing numbers. )

https://www.facebook.com/bhwnews/?fref=ts


Let us know what you think! Please be respectful.
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You can call too: Governor Mary Fallin (405) 521-2342(405) 521-2342 I expect her line will be very busy. Keep trying.
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Anniemae
Reg. Jan 2004
Posted 2016-05-18 11:24 AM
Subject: RE: Sales Tax on horses proposed


Common Sense and then some


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Location: So. California
Does Oklahoma have a sales tax? 
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shaunar
Reg. Oct 2003
Posted 2016-05-18 11:32 AM
Subject: RE: Sales Tax on horses proposed



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I would think this would be awfully hard to enforce.  It might work for collections at auctions, etc., but I would think at private treaty sales it would have to be something like a voluntary contribution.  
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Three 4 Luck
Reg. Sep 2003
Posted 2016-05-18 11:34 AM
Subject: RE: Sales Tax on horses proposed



Accident Prone


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 I thought that was tabled for this year's session?
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Whiteboy
Reg. Jul 2012
Posted 2016-05-18 11:34 AM
Subject: RE: Sales Tax on horses proposed


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There are so many groups with tax exemtion its crazy.  Here in Utah the Credit Union industry Tax exemption totals about $25M a year.  The credit unions look and act exactly like a bank, except they pay NO income tax at all.  But I'm sure the legistlature will propose a donut tax next year, because they just dont think its fair that donut eaters shouldn't pay their fair share.  Its all about lobbyist and who you know.  Isn't America great!

Edited by Whiteboy 2016-05-18 11:35 AM
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foundation horse
Reg. Aug 2004
Posted 2016-05-18 11:35 AM
Subject: RE: Sales Tax on horses proposed


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Semper Fi


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Location: North Texas
Outlandish!
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shaunar
Reg. Oct 2003
Posted 2016-05-18 11:39 AM
Subject: RE: Sales Tax on horses proposed



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Anniemae - 2016-05-18 11:24 AM Does Oklahoma have a sales tax? 

Yes, ma'am, we have sales tax on everything.  In my small town in Oklahoma, the sales tax is 10% on just about everything, including groceries. The opening of casinos and the sales of lottery tickets were supposed to help the state immensely, especially with proceeds going to education, but apparently that hasn't worked out very well.
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Southtxponygirl
Reg. Nov 2006
Posted 2016-05-18 11:39 AM
Subject: RE: Sales Tax on horses proposed



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The only way I can this working is if your breaking, training and selling horses as a business. And the selling horses is the main part of your business, or that your a broker.
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Horse-racin
Reg. Oct 2005
Posted 2016-05-18 11:47 AM
Subject: RE: Sales Tax on horses proposed


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 Yes Oklahoma does have a sales tax.  This is the first I've heard about taxes on horses.  My question is where the heck did all the money go to.  Last year they were hiring new teachers and raising salaries (which they well deserve) and now no money, laying off teachers, cutting school programs and now they want to tax our horses.   What's next ~~~ taxing our key strokes on our computers ? 
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lhighquality
Reg. Apr 2013
Posted 2016-05-18 12:26 PM
Subject: RE: Sales Tax on horses proposed


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Southtxponygirl - 2016-05-18 11:39 AM

The only way I can this working is if your breaking, training and selling horses as a business. And the selling horses is the main part of your business, or that your a broker.

This will affect the World Show Sale & Shawnee Sale all of the big sales they have in the State!!! I could see AQHA World Show pulling out of OK not to mention some of the other entities!!!!
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Nateracer
Reg. Feb 2008
Posted 2016-05-18 12:59 PM
Subject: RE: Sales Tax on horses proposed



Miss Laundry Misshap


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So, pick up Oklahoma and move it out of Tornado Alley.  Tax problem solved.   
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1DSoon
Reg. May 2009
Posted 2016-05-18 1:29 PM
Subject: RE: Sales Tax on horses proposed





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Southtxponygirl - 2016-05-18 12:39 PM The only way I can this working is if your breaking, training and selling horses as a business. And the selling horses is the main part of your business, or that your a broker.

 This would skaaruuuu some folks that are depreciatin the he ll out of those assets. 


Heritage says Holla
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SC Wrangler
Reg. Jul 2004
Posted 2016-05-18 1:29 PM
Subject: RE: Sales Tax on horses proposed


Nut Case Expert


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Location: Tulsa, Ok
The huge budget shortfall in Okla. is mostly due to production tax collections, because those taxes are based on the price of oil.  Not the first time this has happened, but our "leaders" are obviously to short-sighted to plan ahead.  Instead of trying to accumulate a surplus for a rainey day, they gave an income tax cut to the upper tax brackets and gazillions in corporate welfare.  Why worry about education, child welfare, the elderly, the uninsured when they can give the gift that keeps on giving -- to the people that will fund their election campaigns. 
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fulltiltfilly
Reg. Dec 2008
Posted 2016-05-18 1:30 PM
Subject: RE: Sales Tax on horses proposed



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In NJ the sale of a horse is taxable if you are in the horse selling business. A regular horse owner that that sells a horse does not have to collect sales tax because that is considered a "casual" sale.

Edited by fulltiltfilly 2016-05-18 1:32 PM
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Whiteboy
Reg. Jul 2012
Posted 2016-05-18 2:03 PM
Subject: RE: Sales Tax on horses proposed


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This will force the big sales out of state, right?
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ksjackofalltrades
Reg. Jan 2005
Posted 2016-05-18 2:08 PM
Subject: RE: Sales Tax on horses proposed


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Location: The Saudia Arabia of Wind Energy, Western Oklahoma
The Republicans have totally screwed the pooch in Oklahoma.  Mary Fallin is a huge joke.  I can not believe that they are actually mentioned her name as VP for Trump.   
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BigStarBound
Reg. Oct 2015
Posted 2016-05-18 2:43 PM
Subject: RE: Sales Tax on horses proposed



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Whiteboy - 2016-05-18 2:03 PM

This will force the big sales out of state, right?

This would be my assumption, and according to articles I've read on the proposal that's one of the biggest fears. It would only make sense for them to move to another state to avoid the sales tax.
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Southtxponygirl
Reg. Nov 2006
Posted 2016-05-18 2:53 PM
Subject: RE: Sales Tax on horses proposed



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Whiteboy - 2016-05-18 2:03 PM This will force the big sales out of state, right?

I would think so  
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OregonBR
Reg. Dec 2003
Posted 2016-05-18 2:55 PM
Subject: RE: Sales Tax on horses proposed


Military family

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Posts: 19623
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Washington State already applies their sales tax to geldings sold at auction. Not breeding stock though. So nobody gelds colts if they are slated to run through a race or working horse sale.
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soonergirl98
Reg. Oct 2009
Posted 2016-05-18 3:00 PM
Subject: RE: Sales Tax on horses proposed



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Posts: 2013
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Mary Fallin is a horrible excuse as a governor!!!
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