| Submitted by GOP Senate Welcome to the 92nd edition of On The Record. (6-29-25) More than $1 billion in tax relief. The Senate passed a constitutionally required balanced budget this week that implemented a single flat tax bracket of 2.75%. Compare that to where we were a decade ago when the state had 9 income tax brackets with a top rate of 5%, and clearly we have come a long way in reducing the bureaucracy burden on Ohioans. The new budget also provides substantial property tax reform. No new emergency levies. No new replacement levies. It empowers county budget commissions to be vigilant in monitoring revenue raised from levies. This week on the President’s Podcast, Senate President Rob McColley and Senate Finance Chairman Jerry Cirino give us the bottom line on the budget. Get their insight and perspective about why the Senate pushed for a single flat income tax, and why tax revenue continues to climb while tax brackets are disappearing. |
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