Institute on Taxation and Economic Policy (ITEP)

Ohio

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Analysis of Tax Provisions in the Trump Megabill as Signed into Law: National and State Level Estimates

• By Steve Wamhoff, Carl Davis, Joe Hughes, Jessica Vela

President Trump has signed into law the tax and spending “megabill” that largely favors the richest taxpayers and provides working-class Americans with relatively small tax cuts that will in many cases be more than offset by Trump's tariffs.

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Local Tax Trends in 2025

• By Rita Jefferson

As federal aid ends and economic uncertainty grows, local governments face tough budget choices. Now is the time for localities to protect vulnerable residents and build stronger, more equitable fiscal foundations.

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Trump Megabill Will Give $117 Billion in Tax Cuts to the Top 1% in 2026. How Much In Your State?

• By Michael Ettlinger

The predominant feature of the tax and spending bill working its way through Congress is a massive tax cut for the richest 1 percent — a $114 billion benefit to the wealthiest people in the country in 2026 alone.

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How Much Do the Top 1% in Each State Get from the Trump Megabill?

• By Carl Davis

The Senate tax bill under debate right now would bring very large tax cuts to very high-income people. In total, the richest 1 percent would receive $114 billion in tax cuts next year alone. That would amount to nearly $61,000 for each of these affluent households.

AP News: Ohio Budget Bill With Browns Stadium Funding, LGBTQ+ Restrictions Heads to Gov. Mike DeWine

June 27, 2025

Republicans tout that as a benefit to working Ohioans and the economy and another step in their continuing efforts to reduce the state’s tax burden, with the aim of some of them being to eventually eliminate the income tax entirely. Institute on Taxation and Economic Policy, a Washington, D.C. nonprofit, found 98% of the benefit […]

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State Rundown 6/25: The Numbers Don’t Lie, State Budget Edition

• By ITEP Staff

Many states are reaching their end-of-June budget deadlines, and major tax policy changes look to have big implications as states are forced, per federal policy, to do more with less.

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State Rundown 6/20: Federal tax policy heats up, states wrap sessions and weigh impacts

• By ITEP Staff

As state legislative sessions come to a close, decisions on tax policy are being made. Several southern states have cut taxes, while the northeast is making some more measured reforms.

Policy Matters Ohio: A Budget for Ohio’s Millionaires

• By ITEP Staff

The Ohio Senate has passed its state budget bill. Policy Matters Ohio Tax Policy Researcher Bailey Williams issued the following statement:

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State Rundown 6/5: States Wrap Sessions, Some Prepare for Fiscal Uncertainty

• By ITEP Staff

States use the final hours of their legislative sessions to address deficits and preserve revenue in preparation for the times ahead.

Cincinnati Enquirer: Ohio Homeowners Want Property Tax Relief. Other States May Offer a Solution

May 26, 2025

"Families are overloaded with their property taxes," said Brakeyshia Samms, a senior analyst for the institute. "The circuit breaker kicks in like an electrical circuit breaker and helps alleviate the pressure that these taxes put on family budgets."

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Analysis of Tax Provisions in the House Reconciliation Bill: National and State Level Estimates

• By Carl Davis, Jessica Vela, Joe Hughes, Steve Wamhoff

The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the richest fifth of Americans would receive two-thirds of the tax cuts. The richest 5 percent alone would receive a little less than half of the net tax cuts that year.

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State Rundown 5/7: As Budget Season Heats Up, Tax Proposals Are Getting Serious

• By ITEP Staff

With spring in full bloom ,many state lawmakers are reaching tax policy agreements. Out west, lawmakers in North Dakota and Texas have moved major property tax cuts. Meanwhile, in the east and south, Vermont appears likely to pass an expansion to its Child Tax Credit and Earned Income Tax Credit, and South Carolina lawmakers are aiming to make deep, drastic cuts to the state’s income tax.

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Trump 2025 Tax Law: Research and Resources

• By ITEP Staff

Want to know more about the tax and spending megabill that President Trump recently signed into law? We've got you covered.

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State Rundown 4/16: No Vacation from Spring Tax Breaks as Bills Advance

• By ITEP Staff

While students and families are enjoying spring break vacations, legislative sessions are still in full swing. And some are poised for a spring tax break season as proposals advance with major implications for the sustainability of state budgets.  

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IRS Cooperation with ICE Will Damage Public Trust, Putting Tax Revenues in Jeopardy

• By Marco Guzman

Attempts by the Department of Homeland Security to secure private information from the IRS on people who file taxes with an Individual Taxpayer Identification Number is a violation of federal privacy laws that protect taxpayers. It is also a change that could seriously damage public trust in the IRS, which could jeopardize billions of dollars in tax payments by hardworking immigrant families.

Policy Matters Ohio: Flat Income Tax Would Gut Ohio’s Budget

• By ITEP Staff

Ohio’s House Ways and Means Committee today holds its first hearing on HB 30, a bill that would tax the income of everyday Ohioans at the same rate as the state’s wealthiest households. The bill would eliminate the state’s top income-tax bracket of 3.5% on income above $100,000. By tax year 2026, Ohio would be left with a single rate of 2.75% on income above $27,350.

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State Rundown 3/20: It’s March, Welcome to Tax Policy Madness

• By ITEP Staff

March Madness kicks off today and the pressure is on as many states’ legislative sessions are nearing the final buzzer. Some state lawmakers are seemingly competing for the title of most regressive state tax policies while others are looking to lift up best practices for more equitable outcomes.   The Mississippi legislature landed on a […]

Stateline: Child Tax Credits, Long a Liberal Priority, Find Favor In Republican States

March 17, 2025

Cash would flow directly into the hands of Ohio parents under a proposal from Republican Gov. Mike DeWine. As part of multibillion-dollar budget negotiations this session, Ohio lawmakers will consider the new refundable tax credit worth up to $1,000 per young child, to be paid for by an increase in tobacco taxes.

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Learn from Prop 13 History to Avoid Repeating Past Mistakes

• By Rita Jefferson

Worries about housing costs and property tax bills are leading people to check the history books for solutions, but there’s a danger that they’ll repeat past mistakes. If anti-tax lawmakers carelessly weaken property taxes as they did in the 1970s, as they did with California’s Proposition 13, they will undercut public finances, making municipalities, school districts, and other special districts worse off.

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State Rundown 2/20: Tools to Address Corporate Tax Avoidance and Property Tax Affordability

• By ITEP Staff

A new ITEP report finds that states could raise $19 billion a year with one policy change targeting corporate tax avoidance. That policy, worldwide combined reporting, strengthens state corporate taxation by giving states a full view of multinational corporate profits, essentially eliminating the tax savings that companies currently see by pretending their profits were earned in Switzerland, the Cayman Islands, and other international tax havens.

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Wide-Ranging 2025 State Tax Debates Come into Focus

• By Aidan Davis

In the face of immense uncertainty around looming federal tax and budget decisions, many of which could threaten state budgets, state lawmakers have an opportunity to show up for their constituents by raising and protecting the revenue needed to fund shared priorities. Lawmakers have a choice: advance tax policies that improve equity and help communities thrive, or push tax policies that disproportionately benefit the wealthy, drain funding for critical public services, and make it harder…

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Turning IRS Agents to Deportation Will Reduce Public Revenues

• By Carl Davis, Jon Whiten

The Trump Administration’s plan to turn IRS agents into deportation agents will result in lower tax collections in addition to the harm done to the families and communities directly affected by deportations.

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State Rundown 2/6: Tax Proposals in the Spotlight

• By ITEP Staff

Tax changes have been proposed or are nearing the finish line in many states. Kentucky is poised to enact an income tax cut as a bill heads to the governor’s desk. In Pennsylvania, Gov. Josh Shapiro’s budget proposal called to accelerate existing corporate tax cuts while closing corporate tax loopholes by enacting combined reporting. Ohio Gov. Mike DeWine proposed a new credit for children of working parents. And Virginia Democrats countered Gov. Glenn Youngkin’s proposed…

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The (Mostly Untapped) Power of Local Income Taxes

• By Rita Jefferson

Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are connected to ability to pay. They can raise substantial revenue to fund key public services to make cities and regions better off.

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State Rundown 1/9: New Year, New Pushes for Tax Policy Changes

• By ITEP Staff

It’s a new year, and state legislatures across the country are resolved to write new tax policy. Tax debates are heating up nearly everywhere in the early days of 2025, but states’ fiscal situations vary dramatically. New York is considering expanding the state’s Child Tax Credit following Gov. Hochul’s proposed expansion. On the other side […]