LLC loophole
Ohio tax breaks adding up, watchdog says
A new analysis says that 15 new tax breaks — many benefiting wealthy people and corporations — are coming online in Ohio. That will swell the total cost of tax breaks in the state to $11 billion a year, or 37% of the state's annual revenue, the report by Policy Matters Ohio said. The new breaks will cost the state an additional $450 million a year as the state is ending a process to review the worthiness of its tax breaks, the report said.