Ohio lawmakers are considering a measure that would restructure the state’s tax code. And, if passed, it could mean less money in the coffers of local governments and less money in the pockets of lower income earners.
HB1, introduced Feb. 15 by Rep. Adam Mathews (R-Lebanon), would create a flat income tax rate of 2.75% for all four tax brackets. The highest income tax rate in Ohio is now 3.99%.
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