Should Ohio completely phase out the state income tax?

State lawmakers in Ohio are aggressively pursuing legislation to phase out the state income tax entirely by 2030, arguing it is necessary to compete with low-tax states like Florida and Texas for business investment and population growth. This shift aims to reduce the tax burden on high earners but raises questions about how the state will replace nearly $10 billion in annual revenue without slashing services or drastically increasing sales and property taxes. Proponents say keeping money in taxpayers' pockets stimulates the economy more effectively than government spending. Opponents warn that eliminating this revenue stream will decimate funding for public safety and education while shifting the tax burden disproportionately onto low-income residents through regressive sales taxes.