Ohio’s economic outlook remained unchanged from last year, according to a new report from the American Legislative Exchange Council.
ALEC’s “Rich States, Poor States” ranked Ohio’s economic outlook as No. 23 nationwide. The state earned high marks for not levying an estate tax, maintaining relatively low marginal corporate income tax cuts and recently legislated tax changes.
By contrast, the state was dinged for its top marginal personal income tax rates, at 7.83 percent, maintaining it’s $8.10 minimum wage and not being a right-to-work state.