Ohio may be on the verge of doing away with tiered income tax brackets as we know them, and the state's wealthier residents could potentially see significant savings as a result. Legislatures have ...
COLUMBUS, Ohio (WCMH) — Gov. Mike DeWine signed the state’s $60 billion budget on Monday night, and while he vetoed 67 items, he kept in the provision that will lower the tax rate for those making ...
The trend toward flat personal income tax rates has accelerated over the past few years, with eight states switching to a flat tax since 2023 (including Kansas and Ohio, which will have flat rates ...
The Ohio Senate's proposed two-year budget includes a 2.75% flat tax, projected to cost the state over $1 billion. The Dispatch Editorial Board argue this flat tax is far more harmful than it sounds.
Opponents of Ohio’s proposed flat tax say it will only help the rich. That tired, lazy talking point is wrong. A flat rate will help every Ohioan thrive. Over the last decade, Ohio has reduced ...
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The result was two decades in the making. Republicans in charge of the Statehouse ended the progressive, or graduated, income tax in Ohio. They did so in the most recent state budget bill, commencing ...
Alongside Gov. Henry McMaster and other state House and Senate leaders, House Speaker Murrell Smith, R-Sumter, discusses a state income tax reform proposal to create a flat tax of 3.99%. Travis ...
COLUMBIA, S.C. (AP) — In the state battles to adopt the lowest and most attractive tax policies, South Carolina Republicans are making an interesting gambit: they want to raise income taxes for about ...