Ohio
Dayton Daily News: Kasich Flirts With Flat Tax
June 9, 2015
“If you ask its advocates why it’s a good idea, one of the first things they’ll say is it’s a simpler way to tax,” said Matt Gardner, executive director of the Institute on Taxation and Economic Policy, a left-leaning non-profit organization in Washington. “I think that’s largely an illusion.” “Any move to a flat tax […]
The Toledo Blade: Ohio Readies for First Break on Sales Tax
May 28, 2015
However, Carl Davis, a senior analyst at the Institute on Taxation and Economic Policy, a nonprofit nonpartisan Washington think tank, said that while tax holidays help retailers, they don’t accomplish much else. “I think the major takeaway with sales tax holidays is they’re high profile and they get a lot of favorable attention for politicians, […]
Georgia Budget and Policy Institute: Income Tax Cuts Won’t Boost Georgia Economy
May 7, 2015
Big income tax cuts did not improve the economies of states that enacted them, and states without income taxes do not consistently grow more jobs or have stronger economies. Six states cut income taxes sharply from 2002 to 2007, before the most recent recession. Three of them – Arizona, Ohio and Rhode Island – grew […]
The Columbus Dispatch: Group Again Highlights That GOP Tax Plan Benefits the Wealthy
May 6, 2015
Calling it a “gift to Ohio’s wealthiest,” liberal-leaning Policy Matters released an analysis by the Institute on Taxation and Economic Policy of the tax plan that passed the House last month. It found that the top 1 percent of Ohio earners would save nearly $3,600 on average, while the bottom 80 percent of Ohio taxpayers, […]
Policy Matters Ohio: Problems with Ohio EITC: It’s not refundable, it has a cap, and it’s too low
April 29, 2015
Gov. Kasich’s Mid-Biennium Review proposal to expand the credit from 5 percent to 15 percent is a step in the right direction, but more must be done to ensure the credit benefits Ohio’s poorest working families. Read the full report
Policy Matter Ohio: Cutting taxes doesn’t help Ohio economy
April 29, 2015
After the General Assembly raised the top income-tax rate to 7.5 percent in 1992 the state generated more than 100,000 jobs in each of the following three years. Compare that with the 25,600 jobs Ohio gained during 2013, the 40,300 in 2012, and the 77,600 in 2011. Tax levels are not the main thing driving […]
Undocumented Immigrants’ State & Local Tax Contributions (2015)
April 15, 2015 • By Matthew Gardner, Meg Wiehe
This report was updated February 2016 Read as a PDF. (Includes Full Appendix of State-by-State Data) Report Landing Page In the public debates over federal immigration reform, sufficient and accurate information about the tax contributions of undocumented immigrants is often lacking. The reality is the 11.4 million undocumented immigrants living in the United States pay billions […]
The Toledo Blade: Lawmakers Should Expand the State EITC
April 14, 2015
Ohio has pursued an increasingly regressive tax system in recent years, and Governor Kasich’s proposed new tax plan would continue that trend. Through a combination of income tax cuts and increases in the state sales tax and other taxes, the plan would increase the tax liability of Ohio households in the bottom 60 percent of […]
Policy Matters Ohio: Making Ohio’s EITC work for workers
April 10, 2015
Ohio has the 18th most unfair tax system in the nation, according to the Institute on Taxation and Economic Policy. The federal EITC was, in part, designed to eliminate some of the disproportionate impact of payroll taxes on low- and middle-income working families. Likewise, the state credit should address the disproportionate impact of sales and […]
Policy Matters Ohio: Kasich tax plan bad for Ohio, Policy Matters tells lawmakers
March 12, 2015
“An analysis by the Institute on Taxation and Economic Policy, a nonprofit research group in Washington, D.C., found the bottom three-fifths of Ohioans would pay more as a group under the governor’s plan, which includes a sales-tax rate increase. Most of the increases like the sales-tax hike would fall more heavily on those with low […]
The Columbus Dispatch: Debate over Ohio’s Shift from Income to Sales Taxes Continues
March 2, 2015
But Policy Matters says that figure does not include all taxes being raised, including the commercial-activity tax on gross receipts. Using figures calculated by the Institute on Taxation and Economic Policy, the Cleveland research group estimates that the latest proposed tax changes would leave the bottom 60 percent of earners, on average, paying more in […]
Toledo Blade: Instead of Another Tax Cut, Ohio Should Focus on Tax Fairness
March 2, 2015
Here are some facts and figures about Ohio’s lopsided income distribution and tax burdens, gleaned from Mr. Herzenberg’s study and separate new reports by the nonpartisan Institute on Taxation and Economic Policy and the Economic Policy Institute: You’re part of Ohio’s 1 percent if you make more than $356,000 a year. The average annual income […]
The Toledo Blade: Governor’s Tax Plan Would Wide Inequality
February 27, 2015
Yet an analysis of his tax proposal by the nonpartisan Institute on Taxation and Economic Policy concludes that the wealthiest 1 percent of Ohio taxpayers — those who made more than $388,000 last year — would get an average tax cut of $11,906 a year from the governor’s plan. By contrast, the lowest 60 percent […]
The Cinncinati Post: Top 1% Would Save Most Under Kasich Plan
February 18, 2015
Those were the findings of a just-released report by Policy Matters Ohio and the Institute on Taxation and Economic Policy (see http://www.policymattersohio.org/kasich-tax-proposal-feb2015). It also found that even excluding changes in tobacco taxes in Kasich’s proposal, taxpayers making less than $37,000 a year – those in the bottom two-fifths of the income spectrum – on average […]
The Toledo Blade: Governor’s Reform Plan Draws Fire from the Left, Right
February 18, 2015
An evaluation of the proposal by the Washington-based Institute on Taxation and Economic Policy, requested by Policy Matters, suggests the top 1 percent of Ohio earners, those making $388,000 or more, will see an average tax cut of $11,906. Those earning less than $58,000 a year would see a net hike of $116 on average, […]
The Arkron Beacon Journal: Kasich the Tax Shifter
February 12, 2015
The Institute on Taxation and Economic Policy performed an analysis of the governor’s tax plan for Policy Matters Ohio. Released on Tuesday, the evaluation reveals how the overall impact would shift the tax system further in favor of wealthier Ohioans, or the top 5 percent. The top 1 percent would enjoy relief of an average […]
The Columbus Dispatch: 60% of Ohioans Would Receive Tax Increase Under Kasich Plan
February 11, 2015
Some of that gap is attributed to the governor’s plan to impose a $1-a-pack increase on the state cigarette tax. But even removing that from the table, taxpayers in the bottom 40 percent – $37,000 a year or less — still would see no tax benefits as a whole from Kasich’s proposal, according to an […]
Policy Matters Ohio: Kasich tax proposal would skew tax system further in favor of Ohio’s affluent
February 10, 2015
The Kasich administration proposal to cut income taxes and expand sales and other taxes would produce big tax cuts for Ohio’s most affluent residents, while increasing taxes on lower- and moderate-income families. The proposal would provide an $11,906 annual tax cut on average to taxpayers in the top 1 percent of the income spectrum, who […]
Cleveland Plain Dealer: Ohio’s Tax System Burdens Middle Class and Poor
February 2, 2015
In Ohio the top 1 percent of non-elderly residents by income, who earned at least $356,000 in 2012, pay 7 percent of their income in state and local taxes on average. The lowest fifth, who make less than $18,000, pay 11.7 percent on average. Those in the middle, making between $34,000 and $56,000, pay 10.6 […]
Policy Matters Ohio: Ohio state and local taxes hit poor and middle class the hardest
January 21, 2015
Low- and middle-income Ohioans pay a much greater share of their income in state and local taxes than the state’s most affluent do, according to a study released today. The top 1 percent of non-elderly Ohio families by income, who earned at least $356,000 in 2012, on average pay 7 percent of their income in […]
WYSO: In Ohio, Poor People Pay More Of Their Incomes In Taxes Than Rich People
January 16, 2015
“A national report by the Institute on Taxation and Economic Policy ranks Ohio 18th in the country for most imbalanced tax systems. In a “regressive” tax system, low- and middle-income people pay a larger balance of their incomes in state and local taxes than high earners. The study finds very few states with “progressive” tax […]
The Columbus Dispatch: Ohio tax gap among worst
January 16, 2015
“The situation here is worse than in most states, according to the analysis of 2012 income data by the Institute on Taxation and Economic Policy, which ranked states based on how state and local taxes affect low- and middle-income families compared with the richest 1 percent. The study, which covered tax changes in the states […]
Portsmouth Daily Times: DeWine warns against HHS taxing
January 15, 2015
“According to a national report, the fifth edition of “Who Pays? A Distributional Analysis of the Tax Systems in All 50 States,” was produced by the Institute on Taxation and Economic Policy (ITEP) and released in Ohio by Policy Matters Ohio. The study’s main finding is that virtually every state and local tax system takes […]
The Columbus Dispatch: Group sees inequality in Ohio’s state, local taxes
January 15, 2015
“In Ohio and across the country, lower-income citizens pay a higher percentage of their income in state taxes than the wealthier do, a new study released yesterday found. The situation here is worse than in most states, according to the analysis of 2012 income data by the Institute on Taxation and Economic Policy, which ranked […]
Policy Matters Ohio: Ohio’s Affluent are Big Beneficiaries of 2013-2014 Tax Changes
November 24, 2014
State tax changes approved over the past two years have further tilted Ohio’s tax system in favor of the wealthiest. Read the full report
