Ohio Should Target Homestead Exemption
June 6, 2007
Targeting homestead exemption would save Ohio $118 million a year
Targeting the expansion of the property tax exemption proposed by Gov. Ted Strickland
would save the state at least $118 million a year, while directing the same or greater tax
reductions to low- and moderate-income Ohioans who most need property-tax cuts.
Those were among the conclusions of an analysis by the Institute on Taxation and
Economic Policy that was released today by Policy Matters Ohio.