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Lump Sum vs Income Tax vs Inflation: When you invest in a mutual fund, inflation impacts your return, and you also pay a tax on capital gains. In such a way, the overall value of your investment ...
But they might not stop at a flat tax. In Why it Matters, we explain the years it took to get to this point, and why some want to move even further and eliminate Ohio’s personal income tax.
More Ohio school districts could pursue income tax levies as the state aims to reduce property tax burdens. But who would pay those taxes? Most Ohioans are probably familiar with municipal income ...
Westerville City School District voters rejected a 2024 levy, prompting a new approach as the Ohio House debates eliminating inside millage.
Ohio Senate pitches flat income tax The biggest part of the Senate budget would flatten the income tax to 2.75% for everyone except low-income Ohioans, who aren't taxed.