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1 Scott Drenkard, Ohio Tax Reform in 2014: Framing the Conversation 1 (2014)

handle is hein.taxfoundation/taxfaao0001 and id is 1 raw text is: TAX(%'ii.
FOUNDATION
Mar. 2014
No. 424

Ohio Tax Reform in 2014: Framing
the Conversation
By Scott Drenkard
Economist
Key Findings
* Governor Kasich's 2014 tax proposal decreases individual income
taxes, but pays for those tax decreases with hikes in taxes on
tobacco, energy, and businesses.
* Overall, tax policy in Ohio over the last several years has been a
mixed bag, but there are many ways to move Ohio down a path to
fundamental reform.
* Ways policymakers should consider to improve corporate taxes
would be to repeal the Commercial Activities Tax, eliminate
special credits for businesses, and bring down the overall rate.
* Ways policymakers should consider to improve individual
income taxes would be to overhaul Ohio's local income tax
system, repeal last year's pass-through business carve out,
consolidate income tax brackets, and eliminate the marriage
penalty.
* Ways policymakers should consider to improve sales taxes would
be to eliminate taxes on business inputs, while expanding the
sales tax base to services.

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