|To the Editor: Bowling Green woman opposes Kasich's tax structure changes|
|Written by Cindy Morlock|
|Wednesday, 13 February 2013 09:24|
There is proposed budget legislation currently being considered in the Ohio House that will have a big tax impact on all Ohio consumers.
Gov. Kasich is proposing changing our tax structure that currently focuses on income and moving it toward taxing consumption of goods and services. He wants to impose a 5% tax on many components of the service industry. These include real estate, hair cutting, concert/sporting events, more taxes on cable TV, funeral services, amusement parks, bank services and the list goes on. Within the real estate world the taxes would include sellers paying a tax on the commissions paid, buyers paying taxes on their inspection service, title services, appraisals, home warranties and a lender's fees all potentially subject to the 5% service tax. These new taxes seem to stick it to the home-buying and home-selling people of Ohio.
We are just beginning to see signs of the housing market picking up steam after a number of stagnant years; these new taxes will not do a lot to encourage the continued improvement.
I personally am very disappointed in our governor. We are trying to get more businesses and people to move to Ohio. This may give them an added incentive to stay away.
If you are at all concerned with this contact our Representative Tim Brown and voice your opinion. His Columbus office number is (614) 466-8104.
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