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Proposed Ohio income tax elimination excites, but ‘the devil is in the details’

Posted on AllSides January 26th, 2024
From The Center

Mathews, along with state Rep. Brian Lampton, R-Beavercreek; and state Sens. George Lang, R-West Chester; and Steve Huffman, R-Tipp City, presented two plans to begin the phase-out of Ohio’s individual income tax to zero over six years that would eliminate this $10 billion income source of income to the state — about a quarter of Ohio’s general revenue. The proposal would also eliminate the state’s Commercial Activity Tax. Each plan, if enacted in 2024, would shrink income tax year-by-year until it’s down to zero by 2030. Each plan would also...

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https://journal-news.com/community/proposed-ohio-income-tax-elimination-excites-but-the-devil-is-in-the-details/LHYCXHTX55EEXHY4VDTFMXAHFU

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