State Income Tax Cuts On The Way

State lawmakers are cutting Ohioans’ tax burden by $2 billion in a move included in the new state budget adopted this week and being signed by Gov. Mike DeWine.

Rep. Kyle Koehler, R-Springfield, said it will not only help families but also the state’s economic future. He added that it would make Ohio even more attractive for people who live in high tax states and may be thinking of moving.

“I think it’s important to make Ohio a place where people want to live, raise families and work and this will do that. It’s a three percent tax cut. It makes the highest marginal rate less than four percent. That’s what we want. We want people from New York and California to come to Ohio,” Koehler said.

An earlier version of the state budget bill had a cut of five percent, but budget talks between the Ohio House and Senate delivered a plan with the three percent cut.