Ohio Law

News and Announcements from the Supreme Court of Ohio and Other Governmental Entities Within the Buckeye State.

Tuesday, January 31, 2006

Ohio Income Taxes Cut 4.2% This Filing Season

A news release from the Ohio Department of Taxation announced that this year’s tax cut is the first of five scheduled as part of a cut totaling 21% or nearly $2.2 billion annually when fully phased in five years. Taxpayers with taxable income of $10,000 or less will pay no tax.