Governor Taft Proposes New Taxes

POSTED BY: George Hiotis
Thursday, January 30, 2003 - 02:30 PM
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Governor Bob Taft today proposed two-point-three billion dollars in new taxes to help balance Ohio’s next two-year budget. Taft’s plan would dramatically expand the sale tax to cover professional services such as real estate, cable television, dry cleaning and debt collection. The plan also would reduce the sales-tax exemption on toll-free telephone calls, which would largely affect call centers. It also would lower personal income tax rates so that more than a half million poor Ohioans no longer would pay state income tax.

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