March 12, 2015

Policy Matters Ohio: Kasich tax plan bad for Ohio, Policy Matters tells lawmakers

ITEP Work in Action

“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 or middle incomes. Even excluding the proposed increases in the cigarette and tobacco taxes, the proposal remains highly rewarding to Ohio’s most affluent, while costing more on average for the bottom two-fifths of Ohio residents.”

Read the full report here.