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Kasich Tax Proposal: Breakout Of Savings Vs. Costs Incomplete

Wednesday, February 6, 2013 at 4:33 PM

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Under a major tax reform package Governor John Kasich has proposed, Ohioans would save money with a phased-in 20 percent cut in the state income tax, but, depending on what they buy, they’d face a 5 percent sales tax on services that were never taxed before.

Under a major tax reform package Governor John Kasich has proposed, Ohioans would save money with a phased-in 20 percent cut in the state income tax, but, depending on what they buy, they’d face a 5 percent sales tax on services that were never taxed before. If you’ve been trying to figure out whether you’d be a net financial winner or loser, you’re not alone. Statehouse correspondent Bill Cohen has been wondering the same thing.

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Economy, Regional Economy/Business - News, Government/Politics

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