Opinion

How the Inflation Reduction Act can help small businesses and all of us

The Inflation Reduction Act (IRA) will lower prescription drug, health care, and energy costs. It will lower the deficit and no one making under $400,000 per year will pay a penny more in taxes. It will also fight climate change. This is a pretty good deal for most of us dealing with our changing climate patterns: scorching temperatures, escalating damaging storms, new monsoon seasons and all the havoc they cause. If we can slow climate change down, we all win.

Read MoreHow the Inflation Reduction Act can help small businesses and all of us

Revenue and taxation

With a record $9.8 billion budget in a good economic year for the state, the Legislature took steps to attract new businesses to Oklahoma. House Bill 4085 creates the Oklahoma Rural Jobs Act, which provides a tax credit to investors who make capital investments into an eligible rural fund certified by the Dept.

Read MoreRevenue and taxation