Ohio tax system overhaul better than credits, think tank says
Instead of awarding job creation tax credits to individual companies that expand or build new businesses in Ohio, the state should focus on overhauling its entire tax code to make it more favorable to all businesses, a senior research fellow at a non-profit think tank told The Center Square. The state recently approved $26.1 million job creation tax credits for seven new projects that are projected to represent a total of $1.1 billion and create 1,221 new jobs and preserve 1,089 existing jobs. Greg Lawson, with The Buckeye Institute, believes some tax credits are valuable but creating ...