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Ohio Economists: Abolishing Property Taxes Will Hurt Education, Increase Volatility

  • In June 2025, economists surveyed in Ohio assessed the proposal to abolish property taxes and replace them with higher sales and income taxes across the state.
  • The proposal arises amid ongoing taxpayer dissatisfaction and a push by Citizens for Property Tax Reform, which is gathering signatures to amend Ohio's constitution to eliminate real-estate taxes.
  • Economists overwhelmingly argued that removing property taxes would increase revenue volatility due to income and sales taxes fluctuating with the economy, and would reduce funding for public schools and local services.
  • The Tax Foundation emphasized that property taxes are efficient, pro-growth, and well-aligned with local benefits, while the proposed reforms could distort markets and undermine housing affordability.
  • This debate suggests that abolishing property taxes could risk unstable revenues and educational funding cuts, while the state continues to consider legislative relief efforts like Senate Bill 190.
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  • 63% of the sources are Center
63% Center
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Cleveland broke the news in Cleveland, United States on Sunday, June 8, 2025.
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