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Child Tax Credit Provides Needed Stability Amid Pandemic Recovery, Analysis Finds

Ohio Capital Journal Ohio Capital Journal Child Tax Credit Provides Needed Stability Amid Pandemic Recovery, Analysis Finds

BY: SUSAN TEBBEN An analysis by an Ohio-based think tank says the expanded child tax credit has given life to families who were already struggling before the pandemic began, but sank further amid job losses and increased child care needs. The child tax credit was expanded temporarily in March as part of the federal American Rescue Plan, raising […]

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Ohio Minimum Wage Will Rise to $8.80 Per Hour This Year

Ohio Capital Journal Ohio Capital Journal Ohio Minimum Wage Will Rise to $8.80 Per Hour This Year

By Tyler Buchanan The Ohio minimum wage will rise by 10 cents to $8.80 per hour in 2021. That will be the wage for non-tipped employees. Tipped workers will earn $4.35 per hour plus tips in 2021. Ohio workers under the age of 16 will make the federal minimum wage, which is $7.25 per hour. Ohio’s […]

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Opinion: CoverMyMeds Abatement Not Worth the Cost

Hannah Halbert Hannah Halbert Opinion: CoverMyMeds Abatement Not Worth the Cost

In total, Columbus schools will lose an estimated $35.5 million over 15 years due to a generous tax abatement package the city is awarding to software company, CoverMyMeds, according to a new report by Policy Matters Ohio.  Tax abatements, a central part of state and local economic development strategy, eliminate all or part of an […]

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