COLUMBUS, Ohio (AP) — Senate Republicans are proposing an even deeper income tax in their version of the upcoming state budget.
Matt Huffman, a Lima Republican, is president of the Ohio Senate. He said Tuesday the Senate wants a 5% income tax cut, as opposed to the 2% cut in the House-passed version of Ohio’s two-year, $75 billion budget.
Huffman calls it a stimulus in the best sense of the word.
The Senate budget plan also boosts funding for schools over the House plan by $223 million over two years.
The Senate and House must reconcile their competing versions of the budget this month.