Numeric news from Policy Matters
45.6%: Share of revenue collected into Ohio’s General Revenue Fund that came from the sales tax last year. That share has increased dramatically in the last 20 years, as
Ohio leaders repeatedly cut the income tax (the only progressive tax in the state) and raised the sales.
Intel Corp. recently filed its 2023 annual report with the state of Ohio on its performance under a $600 million grant that the state made last year for it to build two semiconductor fabrication plants. While this provided useful information – most notably, that completion of the plants has been.
Gov. DeWine raises more questions than he answers
Gov. DeWine delivered his annual State of the State address in Columbus today, outlining policy priorities and ambitions for the coming year. Policy Matters Ohio Executive Director Hannah Halbert released the following statement, with contributions from Policy Matters staff:
In today’s State of.
Policy Matters, Children’s Defense Fund, NOBLE highlight tax policies that work for everyone
Ohio s tax system is upside-down and backward, catering to the wealthiest at the expense of the lowest-paid, and leaving our state with too few resources to meet critical needs. Researchers and advocates from around the state will discuss.
$200M: Amount of tax revenue expected from legal sales of recreational cannabis in the first year after Ohioans passed Issue 2. As written — and as approved by voters — the law would use those funds to benefit communities where dispensaries are located, fund substance-abuse research, and remediate some of.