• Tax Climate
  • Ohio Tax Reform: Year 2 in Review
• Tort Reform
• Economic Development Incentives
  • Building Ohio Jobs
• Ohio Third Frontier

Support from Ohio's Leaders

Tax reform means capital investment, an improved business climate and a growing economy for Ohio.

"Ohio has won the (Governor's) cup two years in a row. Not by opinion polls or historical databases, but rather by objective, tough-to-convince, hard-nosed business executives who don't like to make mistakes when it comes to large capital investments. These executives are seeing a fundamentally improved Ohio business climate. In 2005, Ohio enacted the most sweeping tax reform in 75 years; reform that made Ohio's new capital investment tax rates the lowest in the Midwest. These reforms are designed to make Ohio companies even more competitive in the global economy and will ensure that Ohio's economy continues to be robust and vibrant throughout the 21st century."

Governor Ted Strickland and Lieutenant Governor Lee Fisher
Letter to the Editor of the Wall Street Journal, March 7, 2008

"We reformed our state tax code to reflect positive changes in the economy and to boost the state's ability to attract new companies and good-paying, high-tech jobs to Ohio. As we continue to implement these changes, employers throughout the nation are already taking notice of our state's more favorable tax climate, and we are becoming much more competitive in economic development. Through tax reform, we also provided for real tax relief to families, approving a 21 percent across-the-board income tax cut. This has allowed families to keep more of their hard-earned dollars and empowered them to spend it on their own priorities. In the years ahead, we must ensure this progress continues and that our tax reform plan is fully phased in."

Ohio Senate President Bill Harris

"The transformation and revitalization of Ohio's economy is vital to our success as a states We laid the groundwork for that success with our historic tax reform package - providing Ohioans with a 21 percent across-the-board tax cut and moving to a lower rate, broader based tax for businesses, making Ohio a more attractive place for people to earn, invest, learn and live. Today, we are building on that foundation by investing even more in our most valued resource - our people. We have developed programs of educational excellence, invested in our children by focusing on the skill sets of tomorrow in science, technology, engineering and mathematics, and we are establishing partnerships with business to pair Ohio graduates with jobs right here in Ohio. Our investments today will help Ohioans gain the skills they need to compete tomorrow - not just with those from Indiana, but those from Indonesia and India as well."

Ohio House Speaker Jon Husted