Dorman: Use Franchise Tax For Classroom - News9.com - Oklahoma City, OK - News, Weather, Video and Sports |

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Dorman: Use Franchise Tax For Classroom

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[File Photo] [File Photo]
TULSA, Oklahoma -

Democratic gubernatorial nominee Rep. Joe Dorman says he wants to earmark at least $35 million from Oklahoma's franchise tax for public education.

The franchise tax is a $1.25 levy on every $1,000 a corporation invests in Oklahoma. The tax has existed since 1963 and generates about $40 million annually.

Dorman said at his soon-to-open campaign office in Tulsa on Thursday that his plan also would "protect against radical cuts" to public education.

Dorman faces Republican Gov. Mary Fallin-- who is seeking a second term in office -- in November's general election.

Fallin has never lost an election during her 25-year political career in Oklahoma that began in the state House and includes terms as lieutenant governor and in Congress.

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