With harsh cold and snow forecast for much of the state in the next few days, officials in Ohio’s Department of Aging are urging precautions for older people who could be at increased risk of weather-related problems.
Online Sales Tax Collection At All-Time High
Online sales tax collections have hit an all-time high in Ohio this year.
The state has collected $45 million from out-of-state retailers in the 2014 budget year. That’s a 68 percent increase over the past five years.
The money is pouring in after Ohio officially joined a multi-state effort to streamline sales tax for online purchases.
The Ohio Department of Taxation estimates that the state stands to eventually tap into an estimated $308 million worth of tax revenue from online sales.
Still, Ohio doesn’t have legal authority to collect from online retailers who don’t operate in a physical location in the state, such as Amazon.
The result: Many buyers don’t get charged sales tax on millions of dollars’ worth of purchases.