JobsOhio, the statewide economic development corporation, is objecting to a new ranking released by the Tax Foundation, a Washington, D.C.-based think tank.
In its Jan. 7 blog post, JobsOhio staff wrote that despite the Buckeye State’s strong showings in several comparisons by business publications, Ohio is near the bottom of the Tax Foundation’s 2021 State Business Tax Climate ranking. Echoing the longtime sentiments of the OMA, JobsOhio says the foundation uses a flawed methodology that does not reflect the tax reality that most Ohio businesses face.
“Ohio is a business-friendly state,” the blog post says. “In fact, Ohio is one of only a handful of states in the U.S. with no state level corporate income tax and no personal property tax.” 1/19/2021