COLUMBUS - 

State Representative Al Landis (R-Dover) has announced that the lower tax withholding rates that were enacted in the state budget will take effect on September 1st, which will allow Ohioans to immediately see the benefits of the tax cut and keep more of their own hard-earned money.


The tax cut is part of a comprehensive package of tax reforms that reduces income tax rates for Ohioans by 10 percent over three years, cuts small business taxes by 50 percent, and moves Ohio toward consumption-based taxes by adjusting the base sales tax from 5.5 percent to 5.75 percent. Overall, the package will reduce Ohioans’ taxes by $2.7 billion over the next three years.


“Our number one priority in the legislature is jobs and the economy,” said Rep. Landis. “We are always looking for ways to encourage economic growth, and a $2.7 billion tax cut is definitely a step in the right direction. This major reduction in taxes will help all Ohioans keep more their hard-earned money in their pockets.”


The lower withholding rates mean that Ohio employers should deduct 9 percent less state tax from employees’ paychecks beginning on September 1st. The new rate, which will be in effect through the end of 2014, incorporates an 8.5 percent tax cut for 2013 and an additional 0.5 percent cut in 2014.


The tax reforms that were enacted in Amended Substitute House Bill 59 aim to make Ohio more conducive to economic development and business growth. Ohio workers will benefit from the income tax cut through the withholding changes and fully capture the benefit for all of 2013 when they file their state tax returns next spring.


Further instructions for the income tax change are posted on the Ohio Department of Taxation’s website at www.tax.ohio.gov.

 
 
 
  
Featured Posts

Lawmakers Introduce Legislation To Automatically Refund Overpaid Business Taxes

 
COLUMBUS - 

State Representatives Mike Duffey (R-Worthington) and Al Landis (R-Dover) joined Senators Bob Peterson (R-Sabina) and Bill Beagle (R-Tipp City), along with Ohio Tax Commissioner Joe Testa today to introduce legislation that will require the Ohio Department of Taxation to notify Ohio businesses when they overpay their taxes and provide automatic refunds in the form of credits toward future taxes.



 
 

Rep. Landis Named Legislator Of The Year By Vietnam Veterans Of Ohio

 
COLUMBUS - 

State Representative Al Landis (R-Dover) was recently named State Representative Legislator of the Year by the Vietnam Veterans of America Buckeye State Council. Representative Landis was awarded a plaque by the VVA Buckeye State Council’s president, Tom Burke, at the organization’s annual fall awards banquet held in Newark, OH.



 
 

Rep. Landis Encourages Constituents To Submit Online Legislative Survey

 
COLUMBUS - 

State Representative Al Landis (R-Dover) has set up an online legislative survey in an effort to gain feedback from the residents of the 98th Ohio House District regarding a variety of state issues. The survey can be accessed at www.tinyurl.com/RepAlLandisSurvey.



 
 

Rep. Landis Votes To Send State Operating Budget To Governor

 
COLUMBUS - 

State Representative Al Landis (R-Dover) today announced the Ohio House of Representatives’ passage of Amended Substitute House Bill 59, the state operating budget designed to improve Ohio’s business climate, invest in schools, help Ohioans access the care and services they need, give Ohioans greater ability to obtain higher education, and put more money back in the pockets of hardworking Ohioans.