Ohio residents brace for higher sales tax rate

Higher sales tax rate

Higher sales tax rate

Ohio higher sales tax rateStarting September 1st, Ohio residents will need to pay a higher sales tax rate. Governor John Kasich has approved a plan that increases the state sales tax rate from 5.5 percent to 5.75 percent for the next two years. Kasich pushed for this sales tax increase so he could balance out a reduction in income tax rates. Ohio residents will pay on average about 10 percent less per year in income taxes.

This is the first time in eight years that Ohio has changed its sales tax rate. This bill also only affects the state income tax rate. County sales tax rates will remain the same.

This is the first time in eight years that Ohio has changed its sales tax rate. This bill also only affects the state income tax rate. County sales tax rates will remain the same.

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