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6/3/2014 » 6/6/2014
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FF 7-6-11 Ohio Kills the Death Tax
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Ohio Kills the Death Tax

The American Family Business Institute reported today that Ohio Governor John Kasich is expected to sign a new budget that repeals Ohio's state estate tax - effective January 1, 2013.    

 

This is a major step forward for Ohio, which imposed one of the worst estate taxes in the nation, with an exemption of only $338,333. 

 By repealing this suffocating tax, Gov. Kasich and the Ohio legislature have made their state stronger - and made it a model for the remaining 21 other states who continue to impose state estate or inheritance taxes, including three of Ohio's neighbors: Indiana, Kentucky, and Pennsylvania.

 

 

 

 

 

 

 

 

 

 

 

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