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Ohio Flat Tax Proposal Questioned by Policy Analysts

 

It sounds fair. If everybody paid income taxes at the same rate, the rich would pay more because of their higher incomes and the poor would pay less because they make less in the first place.

 

But an Ohio proposal to enact such a “flat” state income tax ignores a host of other taxes, said a progressive public policy think tank. And the way that the law is written would only complicate the state’s school-funding woes, take money from libraries, and increase property taxes for farmers and homeowners, it added.

 

“One of the myths that we have to dispel is that flat taxes make things fair,” said Guillermo Bervejillo, a state policy fellow at Policy Matters Ohio. “It’s quite the opposite. One of the things people forget when they talk about income taxes is that there’s a whole array of state taxes.”

 

Bervejillo was speaking in reference to House Bill 1, which, as the bill number implies, is a top priority of the Ohio House’s Republican leadership. A spokesperson for that leadership didn’t respond to questions about the many criticisms that Policy Matters made of the bill. 

 

One is that many economists have long argued that so-called “flat” income taxes add to the overall tax burden shouldered by the poor and act as yet another means of lightning that of the wealthy. 

 

“There’s use taxes, sales taxes, excise taxes, taxes that are generally focused around consumption and use,” Bervejillo said.

 

More below:

https://columbusunderground.com/ohio-flat-tax-proposal-questioned-by-policy-analysts-ocj1/

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"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

  • 1 year later...
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Ohio GOP Wants 2.75% Flat Income Tax

 

Ohio Republican lawmakers have introduced a bill to implement a flat income tax of 2.75%, claiming the measure would help Ohio compete with surrounding states and keep residents in the state.

 

Policy advocates and Democratic legislators pushed back on that idea, saying the move wouldn’t help relieve property tax struggles and would mean the loss of necessary government services due to lost revenue.

 

State Reps. Adam Mathews, R-Lebanon, and Brian Lampton, R-Beavercreek, presented their plan to the Ohio House Ways and Means Committee on Wednesday to phase in the 2.75% flat tax over the next two years, by way of House Bill 30.

 

“This bill builds upon the work of previous General Assemblies to simplify and reduce the tax burden on Ohioans and ensure our state remains a destination for businesses to grow and attract people wishing to work, raise a family and truly thrive here,” Lampton told the committee.

 

More below:

https://columbusunderground.com/ohio-gop-wants-2-75-flat-income-tax-ocj1/

"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

  • ColDayMan changed the title to House Bill 30 (Flat Tax)
2 hours ago, ColDayMan said:

Ohio GOP Wants 2.75% Flat Income Tax

 

Ohio Republican lawmakers have introduced a bill to implement a flat income tax of 2.75%, claiming the measure would help Ohio compete with surrounding states and keep residents in the state.

 

Policy advocates and Democratic legislators pushed back on that idea, saying the move wouldn’t help relieve property tax struggles and would mean the loss of necessary government services due to lost revenue.

 

State Reps. Adam Mathews, R-Lebanon, and Brian Lampton, R-Beavercreek, presented their plan to the Ohio House Ways and Means Committee on Wednesday to phase in the 2.75% flat tax over the next two years, by way of House Bill 30.

 

“This bill builds upon the work of previous General Assemblies to simplify and reduce the tax burden on Ohioans and ensure our state remains a destination for businesses to grow and attract people wishing to work, raise a family and truly thrive here,” Lampton told the committee.

 

More below:

https://columbusunderground.com/ohio-gop-wants-2-75-flat-income-tax-ocj1/

Here we go again.  Will we also eliminate deductions?  More of the same -- tax cuts for the wealthy again promising that Ohio will be a jobs destination.  

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