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Ohio debating elimination of inheritance tax amid budget surpluses
Ohio lawmakers consider scrapping the inheritance tax as governors and business leaders press for cuts across the board. The push follows $27.3 billion in state tax reductions nationwide over six years while states seek reserves against a possible downturn. Ohio has already cut income taxes and other levies, with debate continuing amid concerns about funding schools.
MENTIONED IN THIS ARTICLE
National Association of State Budget Officers
Illinois
Iowa
Pennsylvania
Federal Reserve
Mike Shoemaker
Ohio
Stacey Mazer
National Association of State Budget
Texas
Florida
Minnesota
Michigan
California
Kentucky
Tennesee