The Oklahoma Supreme Court heard oral arguments Monday over the legality of a petition to overturn new state taxes.
The petition, which is being circulated by an anti-tax group called Oklahoma Tax Payers Unite, seeks to overturn HB1010xx, a $430 million tax package lawmakers passed this year. The legislation raises taxes on gasoline and diesel fuel, imposes a new tax on cigarettes and little cigars and increases oil and gas taxes from 2 percent to 5 percent.