August 11, 2015

Ohio Watchdog: Is Sales Tax Holiday Good or Bad for Ohio?

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Bill sponsor Rep. John Patterson Jr., D-Jefferson, thinks passage of the measure would generate activity in retail stores and help create excitement that could rival the post-Thanksgiving Black Friday sales.

Matt Gardner, executive director of the Institute on Taxation and Economic Policy, says such thinking is noble but is poor tax policy.

“Anything that reduces the sales tax ought to be a step up in terms of making the taxation fair,” he said. “But holidays are an ineffective way of achieving that goal.”

Gardner said one of his biggest concerns with state tax policy is that it’s regressive and falls most heavily on low-income taxpayers.

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