Friday, May 29, 2015

Ohio's Solution To Income Inequality

Information based on 2014 data.

Comparison of Ohio Income Tax Payments for Selected Taxable Income





taxable Income 2011 2012 2013 2014 2015          savings from 2011
$20,000 347 343 313 320 317 $30
$60,000 1865 1853 1696 1709 1691 $174
$100,000 3617 3594 3289 3311 3275 $342
$500,000 26807 26748 24474 24448 24180 $2,627
$1,000,000 56432 56373 51579 51408 50845 $5,587

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