Friday, February 24, 2012

Page 1

New Okla. abortion bill has potential for abuse (opinion, page 3) The University of Oklahoma’s independent student voice since 1916

F R I DAY, F E B RUA R Y 2 4 , 2 012

W W W.O U DA I LY.C O M

2 011 G OL D C ROW N F I N A L I S T

GOVERNMENt

Fallin proposes state income tax end Oklahoma governor introduces tax reform plan in hopes of stimulating state economy KATHLEEN EVANS Campus Reporter

An Oklahoma House committee will hear Gov. Mary Fallin’s income tax reform plan next week, which could result in no state income taxes for low earners and reduced rates for other tax brackets.

During her Feb. 6 State of the State address, Fallin introduced her tax reform plan which aims to simplify tax brackets, reduce current state income tax rates and eventually phase out the state income tax, according to a press release from her office.

Oklahoma currently has seven tax brackets ranging from a 0.5 percent rate on salaries of $1 a year to 5.25 percent rate on those making $8,701 or more, Fallin office spokesman Alex Weintz said. The governor’s plan would create three brackets and redefine income levels. Individuals earning up to $15,000 would not pay income taxes; those making $15,000 to $35,000 would pay a 2.25 percent rate; those

earning more would pay a 3.5 percent rate, Weintz said. The rates would decrease by 0.25 percent every year the state has a 5 percent growth in revenue, eventually phasing the income tax out if the state continues to grow, Weintz said. “ We t h i n k t h i s w i l l m a k e Oklahoma more competitive, which will bring more jobs and businesses here,” Weintz said. “It will make an

effect on how much money people can keep, which will be appreciated by Oklahomans and also help stimulate the economy as they put that money back in the economy and spend it.” Income tax revenue makes up about one-third of the state’s budget, Weintz said. The plan would eliminate about $1 billion in the see TAX paGe 2

ENROLLMENt

Major coaches to aid Sooners New program to help students select a major JAKE MORGAN

Campus Reporter

Student gets ahead as entrepreneur BENNETT HALL

Campus Reporter

In middle school, Aslan Maleki didn’t crave childish pursuits: He was too busy selling cars. As a high school junior, he didn’t have time for angst : He was seeking to understand the complexities of the stock market. Now a University College freshman, Maleki and his business partner, University College freshman Neal Walia, have already entered the formal business world. The duo submitted plans for their product, an online event database called “Chalked,” to OU’s Startup Weekend, an entrepreneurship conference and showcase held earlier this month. Maleki’s roommate, University College freshman Bryce Fugate, said they seldom share a dull moment together. “Whether he is starting a new company or staying up until 4 a.m. drawing the design of a website, I’m glad I am his roommate,” Fugate said. Having grown up in a structured, business-minded family, Maleki was surrounded with an ideal environment to prepare for the world of entrepreneurship. “The family culture was always professional to the max,” Maleki said. Maleki’s father, owner of a car dealership and a real estate broker in Oklahoma City, see BUSINESS paGe 2

niKKi seLF/tHe daiLy

Aslan Maleki, University College freshman, checks the stockmarket in Price Business College. He checks it daily on his phone and laptop, and he occasionally also uses school computers. Maleki and a business partner plan to start a social event website with accompanying mobile apps.

When management junior David Postic came to his first advising appointment as an OU freshman, he was completely unprepared to choose a major. The adviser, handing him a thorough list of majors, pointed to “business” and essentially chose his major for him. Thus began a meandering journey from business to management, then from accounting back to management. P o s t i c ’s m a j o r h a s changed at least six times, and three of those changes were results of miscommunication with advisers. “I think somewhere along the way I was a finance major,” Postic said. To help students choose a fitting major, OU is putting forth a new initiative through the Assessment Center in Wagner Hall, where students can meet with major exploration coaches to identify their personal strengths, said Joyce Allman, associate provost for academic advising. “When a student is in the right major, they’re happy with their classes, … they’ve found their passion and they’ll graduate,” Allman said. Anecdotal evidence typically reveals that college students change their major an average of four times, she said. The student’s level of maturity and level of exposure to other subjects are key factors that affect the choice of a major, Allman said.

SEE MORE ONLINE Visit oudaily.com to read the full story oudaily.com/news

SPORtS VOL. 97, NO. 108

© 2012 OU Publications Board FREE — Additional copies 25 cents Campus ........................ Classifieds .................. Life & Arts ................... Opinion ...................... Sports .........................

2 4 6 3 5

NOW ONLINE at

Requested document and purpose

Date requested

OU coach K.J. Kindler says attention is on tonight’s home meet despite probable No. 1 ranking. (Page 5)

Budgets for winter road maintenance for the past 10 years — To learn more about what happens to money left over due to mild winters such as this one.

Feb. 17

Feb. 17

LIFE & aRtS

total student fees that go toward the winter road maintenance budget — To gather more information about how much students pay each year for road maintenance around campus. any and all utility bills for Rhyne Hall from Jan. 2011 until the building was demolished this year — To gain a better understanding of the energy expenses of maintaining Rhyne Hall.

Wednesday

IMax opens despite Despite real SEaLs, ‘Valor’ movie is mediocre ticket sale decline “Act of Valor” opens today, but The Daily’s Steven Zoeller recommends you choose another movie. (Life&arts)

The Daily’s open record requests

OU gymnasts focusing on one meet at a time

The Warren’s new IMAX auditorium opens today in the midst of a decade of movie ticket sale decline. (Page 6)

astrud reed/tHe daiLy

Junior Costin Paval stretches out for a ball during the Sooners’ Feb. 4 win over Nebraska. The Romania native who at one time questioned whether or not he wanted to come to college is now the No. 4 player in the nation (Page 5)


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Friday, February 24, 2012 by OU Daily - Issuu