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Commissioner: Ohio schools would need doubled sales tax to replace property tax (www.wfmj.com)

submitted 2 weeks ago by PIchu0102@piefed.world to c/ohio@midwest.social

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A Mahoning County Commissioner contends that Ohio’s sales tax would need to more than double to replace property tax revenue used to fund schools.

Commissioner Geno DiFabio stated on Monday in a social media post that the state’s current tax structure would not support a full repeal of property taxes without a significant increase in other taxes.

DiFabio said the state's property tax system generates about $15 billion for schools annually. He contrasted this with the state's portion of sales tax, which is 5.75% and yields about $14 billion a year.

His analysis suggests that to cover the current school funding, the sales tax would need to increase. In Mahoning County, the current sales tax rate is 7.5%, while neighboring Trumbull County has a rate of 6.75%, and Columbiana County's is 7.25%.

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[–] pdxfed@lemmy.world 18 points 2 weeks ago (2 children)

I wonder who would benefit from this change 🤔🫩

[–] Auntievenim@lemmy.world 10 points 2 weeks ago (1 children)

It couldnt be the corporate landlords who dont live in the state but own multiple hundreds of properties and would save billions of dollars in property tax liability thanks to this

No it will be the single family that saves $5,000 and no longer has a functioning school system that comes out on top, actually.

[–] pdxfed@lemmy.world 4 points 2 weeks ago (1 children)

You are being unduly negative. If the public school system is torn down, the next generations can be schooled by Edutech, an industry with interesting lobbying connections to anti-tax think-tanks, but nevermind that. Edutech will make sure your children are prepared to solve all of life's questions and needs with Chet AI. Chet will help them realize their dreams of working in a retail job for minimum wage without any worker protections thanks to the DOL being replaced by Chet AI as well. Chet will help make sure Everyone^tm^ gets important information like where, how and for whom to vote.

[–] Auntievenim@lemmy.world 1 points 2 weeks ago

They had us in the first half lmaoo

[–] SomeAmateur@sh.itjust.works 2 points 2 weeks ago* (last edited 2 weeks ago)

Who wants a huge amount of property?

Solar farms, warehouses, housing development builders, Amazon shipping facilities, server farms, big box stores, industrial scale farms, factories etc.

Basically everyone that has incredible wealth to pay for every expense that comes with those projects, including property taxes, and the people who have reason to support them

[–] circuitfarmer@lemmy.sdf.org 13 points 2 weeks ago

If you can afford the property, you can afford the property tax. If you can't afford the property tax, don't own the property.

Next.

[–] CaptDust@sh.itjust.works 7 points 2 weeks ago

But consider, do we really need to fund schools? We could have an extra very cool $2500 in our pockets.

[–] Inucune@lemmy.world 5 points 2 weeks ago (1 children)

What if we got rid of the football program, and focused on academics?

[–] Rivalarrival@lemmy.today 1 points 2 weeks ago

Then they'd need to triple sales taxes instead of doubling them. High school football in Ohio generates a lot of revenue.