Ohio hands out $12 billion in annual tax breaks with little to show for many, study says

(Photo of 1040 form by Getty Images)

Ohio hands out $12 billion a year in tax breaks, mostly to wealthy individuals and big corporations. Yet the state’s economy continues to lag behind the national average, a report released earlier this month says.

In all, Ohio has 177 tax exemptions or deductions worth $20 million a year or more. In its last session, the General Assembly limited or eliminated nine, but it increased the cost of others, the report by Policy Matters Ohio said…

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