Ohio Tax Reform: Year 2 in Review
Ohio's tax reform has accelerated business investments and strengthened accomplishments.
Ohio Tax Reform Pages
- Impact of Ohio's Tax Reform
- Support from Ohio's Leaders
- Global Economy
- Business Tax Climate Index
- Industry Specific Tax Information
- Agribusiness
- Automotive
- Biotechnology
- Logistics
- Manufacturing
- Polymers & Chemicals
- Professional Services
- Expansion and Investment Figures
- The Bottom Line
- FAQ
- Ohio Tax Reform Ad
- Companies that Choose Ohio
Ohio Tax and Incentive Resources
Contact Us
Ohio Sales Manager - Matt McQuade
(614) 857-0900 ext. 231
A message from Ohio Business Roundtable Chairman Michael G. Morris
Three years ago, Ohio's business and elected leaders joined hands to collaborate on the most sweeping tax reform in our state's history. The vision was simple but compelling - overhaul the tax code so Ohio companies could become more competitive globally, invest more in our state and, thereby, fuel our economic growth.
In the second year of a five-year rollout, it is rewarding to see accelerating business investment and an ever strengthening spirit of accomplishment create job growth in Ohio. Indeed, for the second straight year, Site Selection magazine has awarded Ohio the Governor's Cup for the most new and expanded large-scale capital projects - beating out Illinois, Tennessee, North Carolina and Texas for the top spot.
All evidence supports that Ohio's tax reform is working as planned. Elimination of taxes on capital investment, inventory, sales of goods and services to customers outside of Ohio, as well as corporate income and franchise taxes, combine to help make Ohio the ideal location to build a successful global business.
In Ohio, collaboration between private and public sector leaders is the approach we take to continually improve our business climate and standard of living - leading to education reform, tort reform and then tax reform. And we are now collaborating to strengthen math and science education, further improve our higher education system and make college more affordable, while we also tackle one of the defining and most complex issues of our time - access, quality and cost of health care.
The Ohio Business Roundtable is proud to be a part of this collaboration, and we sincerely thank Governor Strickland, Lieutenant Governor Fisher, Senate President Harris, House Speaker Husted and their colleagues in the General Assembly for their leadership in navigating Ohio's ship of state across these turbulent economic waters.
We applaud these leaders for their continued bipartisan commitment to the tax reforms enacted three years ago. It is this commitment to working together that helps set Ohio apart from other states. It is a key reason why the CEOs of Ohio's major businesses who are our members are proud to call Ohio, "home."
As BRT Chairman, I have the privilege of reporting on the results and impact of work started by my predecessor chairs. The progress outlined in this report would not have been possible without the steady hand of John Barrett, who personally led our tax reform effort. I invite you to read about its success and encourage your renewed commitment to work together on behalf of the citizens of our great state.
Michael G. Morris
BRT Chairman
30 June 2008