Some area lawmakers are working on plans to get rid of the state income tax.
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They hope to phase it out by 2030.
State Representative Brian Lampton, of Greene County, is one of those sponsors.
The other three sponsors include State Rep. Adam Matthews of Warren County and State Senators Stephen Huffman of Miami County and George Lang of Butler County.
Lampton told News Center 7′s Brandon Lewis that he hopes eliminating the tax can make the state more attractive to those who live here and those who may want to move here.
“We are still losing people to these other states who do not have an income tax,” he said. “And so, if the other states can do it, so can we. And really the idea is that we need to be as competitive as we possibly can be.”
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He told Lewis that one of the goals is to keep Ohioans in the state.
“A lot of Ohioans will move to Florida, they will move to Texas, not just because of the good weather,” said Lampton. “But because there are no income taxes there. We are losing those folks to those states. I think we can do this. We will not only stop losing them but gain folks who will come from other parts of the country to come here.”
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The plan also involves eliminating the commercial activities tax.
Lampton said that he believes state revenues will increase if these taxes go away.
Elaine Hadley is a dedicated journalist covering the ever-evolving landscape of U.S. news. With a keen interest in politics and a commitment to uncovering the truth, she provides insightful commentary and in-depth analysis on domestic issues. When not reporting, Elaine enjoys exploring the diverse cultures and landscapes of the United States.
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