Four people are dead in two separate accidents in Central Ohio. In Pataskala, investigators say a head-on collision on East Broad took three lives. One vehicle crossed the center line. Early this morning, the driver of a pick-up truck was killed when he slammed into a tree in a residential area south of Route 104 [...]
Ohio GOP Agreement Calls For Larger Income Tax Cut
Ohio Republican leaders have agreed to a larger statewide income tax cut as part of a package of changes to be included in the budget.
Senate President Keith Faber said Thursday that Ohioans would see a gradual income tax reduction over three years, beginning with an 8.5 percent cut in the first year. The proposal also gives small businesses a break and increases the state sales tax from 5.5 percent to 5.75 percent.
Lawmakers are working to finalize Ohio’s next two-year budget. They face a June 30 deadline to pass the almost $62 billion spending plan.
The House and Senate have separate tax proposals that must be reconciled. The Senate dropped a 7 percent statewide income tax reduction passed by the House in favor of small-business exemptions.