Breaking down the Business Leaders Poll – Regulations
Federal Regulations Voted Most Burdensome Among Oklahoma Business Leaders Oklahoma business leaders are none too keen on federal regulations. The 2023 Oklahoma Business Leaders Poll surveyed business leaders across the state and learned that many of the top men and women of business regard federal regulations as a detriment to business growth. Forty percent of […]
Ranks Worth Winning
New business climate rankings from CNBC have drawn headlines in Oklahoma news outlets in recent days, but how much do these rankings really tell us about where Oklahoma stands, and more importantly, where we need to go? Beyond the headlines, most national rankings of business climate and economic competitiveness (CNBC’s included) are of limited usefulness […]
Oklahoma Workforce Commission Makes History
Real and meaningful change is coming to Oklahoma’s workforce development system! Gov. Kevin Stitt signed Senate Bill 621 during a June 14th ceremony hosted by The State Chamber of Oklahoma at the AAR Aircraft Services hangar at Will Rogers World Airport. Stitt, State Chamber President & CEO Chad Warmington and SB 621 authors Sen. Adam […]
Recap: State of Unionization Legal Lunchbox
Adam Childers, president and CEO at Crowe & Dunlevy, headlined the Legal Center’s Legal Lunch Box series, discussing employee and employer rights when it comes to the National Labor Relations Act and unionization efforts in Oklahoma. If you were not able to attend the lunchbox, no worries, we’ve got you covered. Watch it below. View […]
Oklahoma’s Missed Opportunity on Tax Reform
When it comes to tax reform, standing still means falling behind. As other states take advantage of their flush budget pictures to race toward pro-growth, economically competitive tax reform, Oklahoma’s legislature failed to advance significant tax reform during the regular legislative session, which just concluded. When we started this legislative session, hopes for meaningful tax […]
Oklahoma Workforce Commission Bill Back in Motion
After a brief conference committee detour, the bill that creates an Oklahoma Workforce Commission is back on track. Senate Bill 621 returned to the Oklahoma Senate and was approved with a 34-10 vote on Wednesday. The bill, written by Sen. Adam Pugh, R-Edmond, and Rep. Brian Hill, R-Mustang, is a key piece in the comprehensive […]
Oklahoma Still Ranks Low on Individual Income Tax Competitiveness
Oklahoma is again receiving low marks for its individual income tax competitiveness. The Tax Foundation’s 2023 State Business Tax Climate Index ranked Oklahoma 31st in the nation when it comes to individual income tax competitiveness. Oklahoma has languished in the bottom half of the Tax Climate Index for years, ranking 32nd in 2020, 31st in […]
Legal Lunch Box: Severance Agreements
Nathan L. Whatley is our special guest for the Legal Lunch Box on May 15. Whatley, a shareholder and practice group leader for McAfee & Taft, will discuss a recent National Labor Relations Board ruling on severance agreements between employers and employees, and how that ruling will impact Oklahoma businesses. Register
RIED rates SB 621 as Pro-Growth
RIED supports efforts that make a transformational impact on Oklahoma’s workforce. Currently in Oklahoma, there are numerous entities with some hand in Oklahoma’s workforce development. But there is no cross coordination of programs. There is no overarching plan for development for future needs. There is no single owner. The siloed thinking in workforce development creates […]
Bill Aims to Simplify Income Tax in Oklahoma
You’ve crunched the numbers and rounded up the receipts. The deadline to file those pesky income taxes has arrived. Oklahoma’s income tax is unnecessarily complicated. Because of our graduated, six-bracket income tax, each segment of your income is taxed at a different rate. Calculating the total amount owed requires a multi-step math problem or a […]