Ohio Taxation Law News - Ohio Introduces New Tax Reform Bill Aimed at Providing Relief to Middle-Class Families

On February 19, 2026, Ohio Governor Sarah Thompson announced the introduction of a new tax reform bill aimed at providing much-needed relief to middle-class families in the state. The bill, known as the Middle-Class Tax Relief Act, comes as a response to widespread calls for tax reform and aims to address the growing income inequality in Ohio.One of the key provisions of the Middle-Class Tax Relief Act is a reduction in the income tax rates for middle-class families. Under the new bill, families earning between $50,000 and $100,000 per year will see a 10% reduction in their income tax rates, while families earning between $100,000 and $150,000 per year will see a 5% reduction. This reduction in tax rates is expected to provide significant savings for middle-class families who have been struggling to make ends meet in the face of rising living costs.In addition to the income tax rate reductions, the Middle-Class Tax Relief Act also includes provisions for increased tax credits for families with children. Families with children under the age of 18 will be eligible for an increased child tax credit, providing additional financial assistance to families facing the high costs of raising children in Ohio.Governor Thompson emphasized that the Middle-Class Tax Relief Act is part of a broader effort to create a more equitable tax system in Ohio. "For too long, middle-class families have borne the brunt of our state's tax burden," she said. "This new tax reform bill is a step in the right direction towards creating a tax system that works for all Ohioans, not just the wealthy few."The introduction of the Middle-Class Tax Relief Act has been met with widespread support from lawmakers and advocacy groups across the state. State Senator John Smith, a co-sponsor of the bill, praised the Governor's leadership in pushing for tax reform. "This bill will provide much-needed relief to middle-class families who have been struggling to make ends meet in Ohio," he said. "I am proud to support this important legislation and will work tirelessly to see it passed."The Middle-Class Tax Relief Act is set to be debated in the Ohio State Legislature in the coming weeks, with Governor Thompson urging lawmakers to act swiftly to pass the bill. If successful, the new tax reform measures are expected to go into effect starting in the 2027 tax year, providing much-needed relief to Ohio's middle
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