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that's okay with me 

I could care less
Usually used when someone is being overly dramatic and is explaining the extreme action they are planning to do in response to a situation that they think you should care a lot about, but still somehow you don't
similar to "that's just fine with me"
Not to be confused with "that's okay"
You little brats don't appreciate one thing I do around here! I go out of my way to try to make you a nice dinner each night, and all you can do is complain! Well from now on you can just eat bologna sandwiches because I'm through!
That's okay with me

it's okay i lax 

as long as u lax you can do any thing. Good excuse to you use on teachers
Teacher: yelling at whole class

Student: Mrs. or Mr. ..., it's okay I lax
it's okay i lax by Brosiden July 10, 2012

It's okay as long as you gay 

When somebody doing some gay shit but he is gay. So he is allowed to do this shit.
Oh shit this musical.ly is gay as fuck, but wait he is gay... it's okay as long as you gay

What you do mean it's okay

A response used towards someone who undervalues a thing bestowed upon them. They obviously do not realize the value nor the perks of the thing.
Platonic boy friend: Merry Christmas!!! What did you get?
Platonic girl friend: I got a gift from my uncle, he got me these Sennheiser headphones, HD 660 S I believe
Platonic boy friend: WTF??? Wow I am jealous lol, that's a very luxurious headset. So do you like them??
Platonic girl friend: Eh it's okay
Platonic boy friend: ..... what you do mean it's okay?!? Do you not realize how blessed you are????

It’s okay to be white 

A factual, non-racist statement that is very popular with racists.
It’s okay to be white, but I sure am making my friends incredibly nervous by not saying it’s okay to not be white!

It's okay as long as you gay 

When sb is doing some gay shit, but he is actually gay so he is allowed to do it.
Guy1: ey dave sucked a dick yesterday

Guy2: but I heard he is gay
Guy1: oh okay it's okay as long as you gay I guess