Lankford Joins Oklahoma Small Business Leaders to Highlight Working Families TAX CUT ACT

OKLAHOMA CITY, OK— US Senator James Lankford (R-OK) met on Wednesday with leaders from five Oklahoma chambers of commerce to celebrate the Working Families Tax Cut Act, which was signed into law by President Donald J. Trump on July 4, 2025.
Business leaders from the Choctaw Area, Del City, Harrah, Midwest City, and Spencer Chambers of Commerce gathered at HeavenLee BBQ in Choctaw, Oklahoma, which opened its doors following passage of the Working Families Tax Cut Act.
“If we didn’t pass the Working Families Tax Cut Act, every single taxpayer in Oklahoma would see their taxes go up significantly this year,”Lankford told reporters at the event. “That would create a major economic downturn for our state and for the country.”
Chamber members applauded Lankford’s provision making full, immediate expensing permanent, allowing businesses to deduct investments in equipment and technology upfront—helping drive job creation and business expansion.
“It makes no difference to the federal treasury because the tax revenue is exactly the same,”Lankford told business owners.“But it makes a big difference to individual businesses. I fought to get that done, and it’s now permanent tax policy in America. It doesn’t expire. It’s just common sense.”
Lankford also answered questions about his provision restoring a tax deduction for non-itemizers—up to $2,000 per couple—which will help more Americans support charities, houses of worship, and nonprofits, particularly those serving the most vulnerable.
“We have three safety nets in America: families, churches and nonprofits, and government,”Lankford said.“Our nation is built on families and nonprofits. If we don’t have strong families and strong nonprofits, there’s no way government can keep up. So, let’s build incentives into the tax code that encourage people to give to the nonprofit of their choice.”
Lankford also highlighted other waysthe Working Families Tax Cut Act is already benefiting Oklahomans, including no tax on tips, no tax on overtime, and an increased standard deduction for seniors on social security included in last year’s bill.