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Study Says Ohio Needs To Reinstate Corporate Income Tax
By: Jo Ingles | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — Ohio is one of only six states in the country that doesn’t have an income tax on corporate profits. A liberal leaning think tank that studies public policy says that needs to change. Zach Schiller, Policy Matters Ohio research director, says while the pandemic has hurt many small businesses, big… Read More
Plan to Make it Harder to Hike State Income Tax Could Go to Voters
By: Karen Kasler | Statehouse News Bureau
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Among the possible questions voters might face on the ballot this fall is whether they want to make it harder to raise the state income tax, by requiring approval from a supermajority of state lawmakers. Seven states have passed this idea, which is embraced by half the Republicans in the state Senate – a constitutional… Read More
Speaker Says Republicans Still Want To Squeeze Income Tax Cut In Tight Budget
By: Karen Kasler | Statehouse News Bureau
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State lawmakers have been advised by their economic researchers to cut the spending in Gov. Mike DeWine’s budget. And they may try to add something into the House version of the budget set to be released on Wednesday that DeWine deliberately left out. There have been tax cuts in nearly every state budget since 2005. And… Read More