Testimony of Zach Schiller on House Bill 1
House Finance and Appropriations Committee Hearing
March 25, 2009
Good morning Chairman Sykes, Ranking Member Amstutz and members of the House Finance and Appropriations Committee. I am Zach Schiller, research director of Policy Matters Ohio, a nonprofit research institute with offices in Cleveland and Columbus.
Nearly four years ago, the General Assembly approved House Bill 66, including the biggest overhaul of Ohio’s tax system in a generation. The tax changes, including the 21 percent cut in the income tax and the elimination of two major businesses taxes in favor of a new tax on gross receipts, were aimed at generating jobs and improving Ohio’s economy.