Ohio’s Tax Rate History Ohio’s income tax rates have gradually been falling since 2005. Here’s a look at the rates before the 2005 reform, currently and as proposed. Source: State of Ohio. Note: bracket dollar figures adjusted slighted over the years. Taxable income 2004 2012 2015 0 – $5,150 0.74% 0.59%… Read more »
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Governor Kasich Callas For Major Tax Cuts To State Taxes
Governor Kasich Callas For Major Tax Cuts To State Taxes Today Ohio Governor John Kasich proposed major cuts to state taxes. Kasich is proposing major cuts in Ohio’s state income tax and sales tax. The Governor’s budget for the 2014 fiscal year, proposed slashing the state sales tax rate from 5.5 percent to 5 percent. Kasich… Read more »
Economic and Political Realities that the United States and Ohio now face.
Here are the economic and political realities that the United States and Ohio now face because of federal spending: The nation is running a $16 trillion debt that is exploding with an increase exceeding one trillion dollars each year – with no budgetary plan for restraint in the future. The federal government now borrows more… Read more »
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