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Ohio governor says ending property taxes could push state's sales tax to 20%

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3 hours ago

A proposal to abolish property taxes in the state of Ohio could prompt a surge in other forms of taxation to offset the lost revenue if voters approve the measure, the state's governor warned.Gov. Mike DeWine, a Republican, spoke at a conference earlier this month and said that if the proposed constitutional amendment to ban property taxes reaches the ballot and is approved by voters, the state government may be forced to raise sales taxes to compensate for the impact on the state budget. The property tax initiative is in the signature-gathering phase, which will require certification before i...

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3 hours ago
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