What year did Oklahoma pass its first sales tax law?

What year did Oklahoma pass its first sales tax law?

• A. 1930
• B. 1931
• C. 1933
• D. 1935

Answer: (C)

Oklahoma passed its first sales tax law in 1933 as a response to the economic challenges presented by the Great Depression. The introduction of a sales tax was a significant step for the state as it sought new revenue sources to support government functions and services that were severely impacted during this period. This tax was aimed at taxing retail sales of tangible personal property, allowing the state to bolster its funding for essential services. The implementation of the sales tax marked a shift in how the state generated revenue and reflected the broader trends occurring across the United States at that time, as many states were looking for innovative ways to manage their budgets in the face of economic hardship.

Oklahoma passed its first sales tax law in 1933 as a response to the economic challenges presented by the Great Depression. The introduction of a sales tax was a significant step for the state as it sought new revenue sources to support government functions and services that were severely impacted during this period. This tax was aimed at taxing retail sales of tangible personal property, allowing the state to bolster its funding for essential services. The implementation of the sales tax marked a shift in how the state generated revenue and reflected the broader trends occurring across the United States at that time, as many states were looking for innovative ways to manage their budgets in the face of economic hardship.