Ohio’s Gov. John Kaisch has a plan to lower the state’s overall sales tax but in its wake he plans to use the lower rate to tax the fun right out of the area according to a Feb. 18 report on Chron.
With Kaisch’s plan, the state’s sales tax rate would drop to 5% but a list of new items would now be taxable that weren’t taxed before at all. Among the new items that could be taxed are circuses, arcade games, concerts, sporting events and even bowling. When it comes to sports, pro, college and even high school games would be subject to the new tax. Admissions to museums, fairs and amusement parks would also be included in the new Ohio sales tax.
The plan is part of his two0-year budget plan and still must be approved by lawmakers. His plan would reduce income tax by 20% over three years and the small business tax by 50%.
His proposed reductions would produce over $1.4 billion in tax cuts across a three year period. With the inclusion of the new Ohio tax rate being applied to things like attorney fees, cable TV and pet grooming, though, the tax cuts will be offset. The added tax on arts, entertainment and recreation alone are expected to bring in $85million over the next two years.
Most industries will pass the tax along to consumers as part of the ticket price. Some will absorb the tax fearing that increased prices will drive customers away.
While bowling can be a taxing game for some, it usually is thought of as a sport for relaxing. With the new tax bowling alley owners like Marty Teifke who owns Timbers Bowling in Maumee fears having to raise prices given the economy in his area.
Be sure to check out Theresa's other columns:
Self-Sustained Living Examiner
Southern Illinois Day Trips Examiner
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