Policy Matters Ohio: The Good and the Bad in the House Tax Plan
ITEP Work in ActionThe tax plan approved by the Ohio House last week would sharply limit an income-tax break for business owners that costs more than $1 billion a year while providing few benefits to the Ohio economy. At the same time, it would eliminate the bottom two brackets of the income tax and cut rates by 6.6%. This report examines the effect of these changes on Ohioans of different income levels.