October 19, 2026

Policy Matters Ohio: Capital Gains Tax Cuts Benefit Few Ohioans, Harms Far More

Ohio House Bill 617 would eliminate state and local taxes on capital gains. Fewer than 1 in 5 Ohio tax filers would benefit from a capital gains tax cut, and those benefits would primarily go to a small number of high-income households. The resulting loss of state revenue could limit funding for public investments that contribute to long-term economic growth and opportunity for all Ohioans.

ITEP Staff

Institute on Taxation
and Economic Policy

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Policy Matters Ohio: Capital Gains Tax Cuts Benefit Few Ohioans, Harms Far More

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Policy Matters Ohio: Capital Gains Tax Cuts Benefit Few Ohioans, Harms Far More

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Institute on Taxationand Economic Policy

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Institute on Taxation
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