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DeWine study: Ramaswamy’s tax promise could mean new taxes on groceries and health care
The DeWine budget office warns replacing Ohio's $24 billion in local property-tax revenue could require a 15% to 18% sales tax, among the nation's highest.
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The DeWine budget office warns replacing Ohio's $24 billion in local property-tax revenue could require a 15% to 18% sales tax, among the nation's highest.
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Fiscal officials warn income or sales taxes would need to nearly triple to replace lost revenue.
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Ramaswamy deleted the video and never explained why, while Tiffin schools already faced a $1.2 million funding gap his own tax plan could deepen.
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Ohio counties are selling record levels of residents’ property tax debts to private investors, who charge up to 18% interest when they collect. Bipartisan lawmakers have proposed eliminating the lien sales outright, while gubernatorial candidate Amy Acton has called for a crackdown.
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Notre Dame researchers found Cincinnati parking lots pay far less tax per square foot than nearby apartments, while a proposed land-value shift would cut costs 17% for poorest neighborhoods.
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Union leaders point to Ramaswamy's 2024 relocation of Strive Asset Management from Columbus to Dallas as evidence he won't fight for Ohio workers.
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Innovation Ohio estimates eliminating Ohio's income tax could force a 20% property-tax increase statewide to fund schools, complicating Ramaswamy's dual promise to cut both.
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Lawmakers around 10 p.m. Wednesday nixed a vote on a data center package, aborting efforts to eliminate or lower a tax break that saved Big Tech $2 billion last year.
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Ramaswamy's own financial disclosure shows $768,968 in capital gains in 2025—the exact income his proposal would exempt from state taxes.
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A leader with the Committee to Abolish Ohio Property Taxes said they’re instead targeting the November 2027 election after falling short of their signature gathering goals.
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DeWine exempted the Cologix project from his moratorium announced days earlier, after the tax break's cost ballooned to $1.57 billion in 2025.