Bill Would Phase Out Ohio’s State Income Tax

Under new state legislation (Senate Bill 327), Ohio’s personal income tax would be phased out over the next 10 years. As reported by Cleveland.com (subscription), the bill — which has been sponsored by nearly a third of GOP senators — would make Ohio the eighth state to vote to abolish its personal income tax. It would also eventually create an annual revenue deficit of more than $10 billion based on current state spending. 4/27/2022