If you’re thinking that abolishing real-estate taxes in Ohio could be the answer to a homeowner’s prayers, a new study by the Policy Matters Ohio think tank suggests you should think again.
The study, by Policy Matters’ Zach Schiller, found, for example, that replacing local tax money lost to property tax repeal could boost the state sales tax to crushing levels,
That’s because, if Ohioans vote to abolish the property tax, that could blow a colossal hole in local-government finances, including more than $60 of every $100 now (sort of) funding public schools…