77 Series: Delaware County
Delaware is Known for its Tax Rates
The economies are much stronger in the northeast portion
of the state. There is an abundance of economic activity and the populations
are growing steadily, rapidly in some areas. This is not the case in congressional
district three, especially in the south western portion of the state. Many of
those areas have seen 50, 65, and even 80% reductions in population due to a
lack of industry. One must wonder what the cause is of such economic ambiguity
within the state; how one district can excel so much more than another. In the
interest of the people, I will continue examining and find out what exactly
makes the economy so much stronger two hours east on I-40 and 30 minutes North
on U.S. Route 59.
In Delaware County, the populations have seen continual growth. Delaware County is a bit different than other counties, they are much more transparent and you can view all county information such as taxes and such online. They are very well organized, but there is not much information regarding their industry. I began looking into their real estate in order to get a feel for what class of citizenry made up the population. Based on the real estate available, there is an abundance of middle class families with an inclination towards higher projected household incomes. This is apparent when you see new construction in the half million dollar range with a median of $200,000 home value.
Given the proximity of the lakes, this is likely a community of leisure. Driving forces for the economy are probably rental properties and lake activities, restaurants, and property maintenance. Given that much of the county information is provided online, I am sure that many of the property owners are from out of state and a lot of investment in this area comes from out of state. I have confidence in this area and see the increase in population and its proximity to industrial jobs solid and I do not have a strong recommendation here other than to maintain its strength while we build industry in the more struggling communities. As far as the property ownership goes, however, the people should be keen to the fact that the guests who stay in this community are paying out of state owners by and large, and operations that generate property rental income should be strictly regulated, for the interest of the state.
I have included a picture of nightly rental rates in
Delaware County. I cannot find any state legislature regulating the income from
vacation rental properties. Theoretically, the county can make millions each
year by strategically placing taxes for the entities that collect revenue from
property ownership in state. Essentially, if someone from outside of Oklahoma
has a website that advertises property rentals in Oklahoma, then the revenue
they collect should incorporate a county tax. I can see through your website
that property ownership outside the state is streamlined and is made rather
simple; I wish to see that Oklahoma is keeping its fair share of the profits. I
believe this to be helpful in communities throughout the nation and is
something I will begin considering upon election into congress.
My name is Bevon Rogers and I am running for U.S. Senate in 2020 as a Democrat. In order to support me in the Primary Election on June 30th, you will have to be a registered Democrat or Independent because Oklahoma has closed primaries. I have been closely examining each county in Oklahoma to discover where the weak links are in our state’s economy and I have compiled each economic essay in a project called the 77 Series. You can find the series on my campaign website, www.bevonforsenate.com. As I begin writing essays on the counties in Oklahoma’s second congressional district, I will piece together Project D2, an economic endeavor to bring about higher standards of living throughout congressional district two.
*Update 10/25/2019: I reviewed Oklahoma's tax legislation and I did not find regulations on property rentals, advertised online by out of state owners. This was a major problem that I noticed while living on Maui and I believe it is important to define this is legislation. We need to at least have data in regards to the amount of money leaving the state from scenarios such as this.