Policy Matters Ohio: Ohio Income-Tax Cuts Would Reward the Wealthiest
June 30, 2021
June 30, 2021
COLUMBUS, Ohio, June 30 (TNSPol) -- Policy Matters Ohio, a nonpartisan policy research institute, issued the following news release:
Income-tax cuts approved by the General Assembly in the budget bill would favor the very wealthiest Ohioans, while providing only modest benefits for moderate-income Ohioans and nothing at all to the state's poorest. Benefiting especially from the elimination of the top bracket of the tax, the most affluent 1% of Ohioans would see an average $5,400 ann . . .
Income-tax cuts approved by the General Assembly in the budget bill would favor the very wealthiest Ohioans, while providing only modest benefits for moderate-income Ohioans and nothing at all to the state's poorest. Benefiting especially from the elimination of the top bracket of the tax, the most affluent 1% of Ohioans would see an average $5,400 ann . . .