Ohio Joins the Flat Tax Club

Ohio Joins the Flat Tax Club

In 1972, Ohio politicians made the mistake of imposing a state income tax. That first tax had a top rate of 3.5 percent, but politicians quickly became addicted to this new source of tax revenue. By 1984, the top rate had jumped to 9.5 percent....
New York vs. Florida: Round #7

New York vs. Florida: Round #7

One of the most unfortunate features of Trump’s Big Beautiful Bill is that it expands the deduction for state and local taxes, thus weakening one of the best provisions of the 2017 tax package. This is bad news since it is foolish to have a...