Research & Policy
Policy Matters Ohio

Dollars that Make Sense 2009

April 15, 2009

Dollars that Make Sense 2009

April 15, 2009

For the 2005 tax year, more than 800,000 Ohio families received the federal Earned Income Tax Credit (EITC), a refundable tax credit for workers in families that make less than $42,000. The average EITC in Ohio was $1,756, bringing more than $1.4 billion into Ohio communities. Adding a 5 percent Ohio EITC to supplement the federal credit, as 24 states have done, would cost Ohio $73 million, less than one percent of 2008 state expenditures. This measure would provide an average of $92 each to eligible working families. This report chronicles the EITC in Ohio and analyzes a possible state EITC program in Ohio.

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2009EITCRevenue & BudgetTax Policy

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