Report shows 15 new breaks, even as review committee was shut down
Ohio tax breaks will soon add up to more than $11 billion a year, more than the state spends in general revenue on primary and secondary education, according to the tax expenditure report that is part of Gov. Mike.
Numeric news from Policy Matters
$1,000: Our proposed Thriving Families Tax Credit would send on average an additional $1,000 each year to households with incomes under $85,000. Contrast that with the absurdly disproportionate benefits of flat tax proposals, including those in H.B. 1, of which the rich take home the lion’s.
Higher property taxes, less local revenue, tax cuts that aren’t paid for This release has been revised to include a correct description of the causes of the losses from HB 1 for schools and local governments and to correct the amount of unpaid-for annual losses to the General Revenue Fund. House Bill.
Guillermo Bervejillo, PhD | Zach Schiller
Introduction
Ohioans—no matter where we live or what we look like—want to live in resilient and thriving communities. To build these communities we must pool our resources and embark on projects that ensure prosperity and well-being as widely as possible. Taxes are the tool to do.