Economic Development

Study: Ohio tax climate warming

Business Courier

An analysis of state tax rates by the Federation of Tax Administrators indicates Ohio’s tax burden has lightened in recent years, an easing that state officials are calling evidence that a five-year-old state tax reform is doing its job, according to a report in the Business Courier.

The organization, composed of state tax departments, used fresh Census Bureau data to rank states based on per-capita state tax burden and the bite it takes out of the average resident’s personal income. Ohio, which generated $24 billion in state tax revenue in 2009, was ranked 35th in the nation for its $2,075 per-capita burden. The worst state in the nation for its per-capita tax burden was Alaska, while South Carolina took the top spot, the Business Courier reported.

The analysis also found that Ohio’s state tax accounts for 5.8 percent of the average Ohioan’s personal income, on par with the national average and 33rd nationwide.

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