COLUMBUS, Ohio (WTVG) – Repealing Ohio’s income tax has been debated for years in Columbus, and a conservative group supporting the effort now says the idea is gaining momentum in the next General Assembly.
One of the proposals on the table in the Statehouse, House Bill 386, would phase out Ohio’s income tax over a six-year period with the goal of eliminating it entirely by 2030.
The bill has not left committee. Donovan O’Neil, national director of Americans for Prosperity, which supports the bill, says he is pleased with the discussions surrounding this and similar bills.
“Big, bold changes take time,” O’Neil said. “We’ve already made some immediate progress this session.”
O’Neil said that historically, major tax reforms have had the best chance of getting through the state budget process that begins with each new legislative session.
In the 2023-24 budget, the number of income tax brackets was reduced to two with a top tax rate of 3.5%.
Opponents of the move said there was no evidence that tax cuts in Ohio led to an economic boom.
O’Neil said he has heard concerns from lawmakers of both parties that eliminating the state income tax might not lead to economic growth.
He explains how he refutes these arguments in our extensive interview on Action News Now, which you can watch in the video player below.
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