“According to an analysis done for the progressive advocacy group Policy Matters Ohio by the nonpartisan Institute of Taxation and Economic Policy, fully half of this year’s $400 million tax cut will go to the top 5 percent of Ohio taxpayers.
Ohio’s 1 percent — those with average annual incomes of more than $1 million — will get tax relief of $1,846 this year, on average. The poorest 20 percent of Ohioans — those who earn less than $19,000 a year — will get an average tax cut of $4.”
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