Policy Matters Ohio: Senate Tax Plan Pits the Rich Against the Rest of Us
ITEP Work in ActionThe Ohio Senate has voted to weaken the state’s fiscal foundations in order to hand out billions of dollars to wealthy households. The changes to the state’s personal income taxes, currently included in the Senate’s version of the budget bill, will disproportionately benefit the rich, they will lead to temporary tax increases on some middle-income households, they will do nothing for many low-income Ohioans, and they will undermine the state’s capacity to invest in critical public institutions.