Ohio Gov. John Kasich today proposed a 17 percent cut in income taxes through a dozen changes, including increasing the exemptions allowed for families making less than $80,000. Kasich also wants to simplify the state tax code by collapsing the number of tax brackets.
Our Columbus Bureau reporter Laura Bischoff has all of the details:
The governor, once again, is proposing higher tax rates for oil and gas producers — an idea that has not gotten traction from lawmakers in previous years.
He is proposing increasing the state sales tax to 6.25 percent, up from the current 5.75 percent, and increase taxes on tobacco, beer and wine.
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