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A Franklin County Auditor's Office report authored by two independent economists found the use of the tax incentives may be losing their effectiveness while limiting revenue from schools and other taxing agencies.
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Business & EconomyThe hospital plans to build a 14-story acute care facility and other buildings while adding 7,500 employees over 15 years.
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Whitehall City Council members decided to reconsider three ordinances related to a citizen-led referendum effort targeting tax breaks for the proposed Fairway Cliffs housing development.
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Business & EconomyThe $420 million center will be built on Beech Road and employ 30 people.
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The Ohio Senate has had its first hearing on a bill that could bring in millions of dollars more for clinics that abortion opponents say provide vital services but abortion rights supporters call "fake health clinics.”
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Business & EconomyOhio’s tax policy took a major shift in 2005 when lawmakers moved away from income tax. Lower income taxes have been sold through the years by Republicans as a way to increase jobs and bring business to Ohio. Now, a policy group’s new study shows that shift has increased taxes for low and middle-income Ohioans.
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The White House says it might extend "opportunity zone" tax breaks to help struggling neighborhoods after the pandemic. But critics say the program mostly helps wealthy investors.
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Columbus City Council is expected Monday night to approve a 15-year, 100% tax abatement for Nationwide Children's Hospital to build a for-profit gene…
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Nationwide Children’s Hospital is asking for tax abatements on a new for-profit gene therapy center. If granted, it would exempt the company from paying…
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The U.S. Small Business Administration hosted a conference Wednesday to discuss how Central Ohio residents can benefit from "opportunity zones"—a federal…