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Tax switch

Ohio sees bump in sales tax, drop in income tax

September 1, 2013

Beginning today, Ohio shoppers will pay a bit more, but Ohio workers will pay a bit less, as the state sales tax goes up and income tax comes down....

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(7)

Citizen1

Sep-17-13 5:33 PM

So 1/4 of a percent drops the income tax by 10%? Lets just make increase the sales tax by 2.25% and drop state income taxes.

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speedy50

Sep-04-13 12:53 PM

I like this. I pay the State of Ohio less from what I earn. I also control how much sales tax they get by what I purchase. Also, the greater your income, usually, the more you buy (the more taxes you will pay). Using the extremes in income is a poor example. How will it affect someone making an average Ohio income? THAT should be the number we see, not the wealthiest or the poorest.

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marine12

Sep-02-13 7:29 PM

Ohio government will spend 9.5 billion more since Strickland left office.

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CommonSense

Sep-02-13 2:41 PM

Just pay up. Millions of illegals depend on you.

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marine12

Sep-01-13 10:51 PM

House finance and appropriations chairman Ron Amstutz (R-Wooster) in his political doublespeak said "the reason this is really important is because as we talk about making our economy stronger-this is about people". Yeah, his rich people.

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rgargano

Sep-01-13 7:42 AM

the important thing you're all missing, is that the rich in Ohio will get a HUGH, I SAY HUGH---TAX CUT. For the normal person it will even out, more sales tax, less income tax. All the rich republican kronnies of Kasich will pay a ton less income taxes, thereby reducing state revenue, when we don't need it reduced.

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CompManRetired

Sep-01-13 6:28 AM

Along with these changes new and replacement levies no longer qualify for the 12.5% property tax rollback. Schools, safety services, roads etc. will cost more than the stated amount of money per $100,000 home. (Renewals not changed). Starve the Beast and force levy entities to lobby for a reversal and only approve renewals. Be prepared for new school income tax levies of which there are 2 types; traditional (all AGI income) and earned income (excludes SS, pension, IRA etc. income) based. Also, the Homestead Exemption reduction changes now to means tested to those newly minted 65 years old property owners at $30,000 yearly earnings or lower. (Grandfathered those already 65).

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