The American Jobs Plan was made public on March 31 and calls for trillions of dollars of investment in hard and soft infrastructure across the country. At first glance, this package ticks a lot of boxes for GOPC.
#GOPCThread: Emergency Tax Provisions and Ohio's Small Cities
GOPC Report Looks at the Potential Impact of Muni Income Tax Law Changes on Smaller Ohio Cities
Utilizing data made available by the Regional Income Tax Authority, GOPC reports that 300 small cities and villages could lose $105 million annually if the emergency measure is repealed. GOPC also examined the impact of the proposed repeal on Ohio’s 16 small legacy cities and finds that 62.5% of them can anticipate net losses in municipal income tax revenue resulting from the proposed changes.
