Ohio’s property tax system is getting new attention. Increased valuations of homes across the state[1] and gentrification in formerly depressed areas[2] are two factors leading to a host of new proposals to limit such taxes.[3] Despite significant existing protection in Ohio’s constitution against rising property taxes,[4] some are not insulated
*Update — January 2024: This release provides an overview of circuit breaker proposals that are described in greater detail and with more precise data in this report. Sharp rises in home assessment values are bringing property-tax relief to the forefront at the Statehouse in Columbus. While various bills may provide
Research Director Zach Schiller delivered the following public comments to Cuyahoga County Council Committee of the Whole on Tuesday, November 14, 2023. President Jones and members of County Council: Thank you for the opportunity to speak today. My name is Zach Schiller and I am research director of Policy Matters
The United Auto Workers has begun negotiations with Detroit’s Big 3: Ford, Stellantis (formerly Chrysler) and GM. We sat down with David Green, UAW Region 2B Director, to learn how the next contract will shape the future of the auto industry for UAW members and non-members alike. [Click here for
Requiring clawbacks is good policy, but protections don’t go far enough It’s a good thing Ohio has finally inked an agreement with Intel to ensure that the corporation lives up to its promises with its $20 billion investment in two semiconductor fabrication plants in New Albany. But that agreement, signed
Sales tax provision will do more harm than good Conservative and progressive experts don’t agree too often about tax policy. But here’s one thing they do agree on: Sales tax holidays are a bad idea. Both the Tax Foundation, a leading conservative voice on tax issues, and the Institute on
Most of the business tax reduction included in the Ohio Senate budget bill will go to just a tenth of the companies currently liable for the tax — those with more than $6 million in annual Ohio receipts. “Ohio’s taxes on business are already low,” said Zach Schiller, Policy Matters
Proposed 25% reduction in Commercial Activity Tax goes mostly to big business The Ohio Senate budget bill now getting consideration would cut the state’s main business tax, the Commercial Activity Tax (CAT), by a quarter over the next two years. The prime beneficiaries will be big businesses, while most small
Chair Hackett, Ranking Member Craig, members of the Senate Insurance Committee: My name is Zach Schiller and I am research director of Policy Matters Ohio, a nonpartisan, nonprofit research institute with the mission of creating a more prosperous, equitable, sustainable and inclusive Ohio. Thank you for the opportunity to testify
A business tax cut masquerades as a solvency plan A bill in the Ohio Senate would slash unemployment benefits, leaving half of jobless Ohioans who qualified without their unemployment compensation (UC) before they find work, according to a state analysis. Senate Bill 116, currently being heard in the Senate Insurance
Chair Roemer, Ranking Member Troy and members of the House Ways & Means Committee: I am Zach Schiller, research director of Policy Matters Ohio, a nonprofit research institute with the mission of making a more vibrant, equitable, inclusive and sustainable Ohio. Thank you for the opportunity to testify on House
Report shows 15 new breaks, even as review committee was shut down Ohio tax breaks will soon add up to more than $11 billion a year, more than the state spends in general revenue on primary and secondary education, according to the tax expenditure report that is part of Gov.
