taxes

House Bill 1 proposes a flat tax of 2.75%, but critics say schools and libraries suffer.

President Joe Biden last week unveiled his spending plan for the 2024 fiscal year, proposing tax increases for wealthy individuals and big corporations and tax breaks for middle-class and lower-income Americans.

Cincinnati City Council voted 8-1 in March to approve an overhaul of the residential tax abatement program. Those changes go into effect Sept. 1.

Black taxpayers are between three to five times more likely to be audited by the IRS than other taxpayers.

Taxing incarcerated individuals would give them access to social safety net benefits.

Have you filed your tax return? The 2023 deadline is Tuesday, April 18. Most taxpayers are getting hundreds of dollars less in refunds than they did last year.

The plan — backed by more than a quarter of Republicans — could make Ohio the eighth state to eliminate personal income taxes as the main source of state revenue.

According to data, roughly 75% of Hispanic Ohioans and 79% of African Americans are in the 60% of Ohio households with the lowest incomes, while the number for white Ohioans is about 56%. Policy Matters Ohio says this means that Ohioans of color are significantly more likely to pay a higher share of their incomes in taxes.

Great Parks of Hamilton County will ask voters to approve a new levy in November. Park Commissioners Thursday morning signed off on an additional 0.95…

You see it come out of every paycheck — that small deduction for local income taxes. But where that money goes could change soon, and that might have big…