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While most states enact tax changes at the beginning of the calendar year, a number of them implement changes at the beginning of the fiscal year. Eight states have tax changes that will take effect on July 1, 2017, the beginning of the 2018 fiscal year.
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This new chart book cuts through the complexity and gives you a broad perspective of Ohio’s overall economy and tax system. The result is a powerful diagnostic tool you can use to identify your state’s unique strengths and weaknesses.
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Tax Freedom Day® is the day when the nation as a whole has earned enough money to pay its total tax bill for the year. This year, Tax Freedom Day falls on April 23rd, 113 days into the year.
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