Policy Matters Ohio: Ohio Income-tax Cuts Would Reward the Wealthiest
ITEP Work in ActionIncome-tax cuts approved by the General Assembly in the budget bill would favor the very wealthiest Ohioans, while providing only modest benefits for moderate-income Ohioans and nothing at all to the state’s poorest. Benefiting especially from the elimination of the top bracket of the tax, the most affluent 1% of Ohioans would see an average $5,400 annual tax cut, adding up to well over a third of the total cuts.