The Oho Statehouse, Columbus, Ohio. (Photo by Graham Stokes for the Ohio Capital Journal. Republish photo only with original story.)
Ohio Republicans have introduced legislation to eliminate the income and commercial activity tax, drawing ire from critics who say this will cause an economic meltdown.
Ohio continues to reduce the state income tax year after year.
State Reps. Adam Mathews (R-Lebanon) and Brian Lampton (R-Beavercreek) held a press conference with State Sens. George Lang (R-West Chester) and Steve Huffman (R-Tipp City) to introduce two nearly identical bills.
“We are here today to talk about what we are going to do to… continue on the path of making Ohio the most business-friendly state in the nation and to financially dominate the rest of the country,” Lang said.
Each of their proposals would start reducing progressively until 2030; with the Senate getting to a flat tax by 2026 and the House by 2028.
House and Senate GOP proposals to eliminate income, CAT tax in Ohio.