Ohio income taxes
Ohio Senate introduces $85.7 billion operating budget
Ohio Senate leaders introduced their version of the new two-year operating budget Tuesday. They expect to vote on the $85.7 billion spending plan next week. Lawmakers have until a constitutionally mandated June 30 deadline to settle any differences and approve the budget. The Senate proposal reduces existing state income tax brackets from four to two. […]
Economists: Ohio flat-tax would worsen inequality
An overwhelming majority of a panel of Ohio economists believes that a flat-tax proposal pending in the Ohio House would worsen economic inequality in Ohio, according to a survey that was published Monday. Most of the 22 who responded also didn't think that the proposal would spur economic growth.
What will happen if Ohio abolishes its income tax?
For years, legislators in the Ohio General Assembly have been working to abolish the state income tax. Republicans now command historic majorities after the 2022 midterm elections. Because of this, Cleveland.com politics reporter Jeremy Pelzer is saying income tax abolition is now closer than ever. The caveman argument for abolition of the income tax is […]