tax revenue
What kind of tax revenue can Ohio expect from recreational adult-use marijuana legalization?
When the people of Colorado and Washington voted for the recreational legalization of adult marijuana use in 2012, one of the primary arguments against doing so was that this would cause more young people to use weed and it would be a gateway drug to more serious addictions. That was the main issue on those […]
Pew report: Ohio’s tax revenues still have not recovered from recession
Most states have seen their tax revenue fully recovered from the economic recession a decade ago. Ohio is among the notable exceptions, research from the Pew Charitable Trusts shows, with tax collections in 2019’s first quarter still 7 percent below Ohio’s peak. Income taxes have been repeatedly slashed in Ohio budgets over the last decade. […]