Ohio’s Tax Policy Promotes a Positive Business Climate
7 Jan 2021
When it comes to national rankings and studies of the best states for business, Ohio continues to accumulate accolades. In fact, Ohio ranked No. 10 in CNBC’s America’s Top States for Business in 2019, Chief Executive Magazine ranked Ohio No. 9 in its 2020 Best & Worst States For Business, Area Development ranked Ohio No. 9 in its Top States for Doing Business 2020, and Site Selection Magazine rated Ohio No. 3 in their overall Top State Business Climate Ranking for 2020.
Despite the positive findings of many other publications and organizations, the Tax Foundation State Business Tax Climate ranking has once again placed Ohio toward the bottom of the list. The Tax Foundation released its 2021 State Business Tax Climate Index report October 21, 2020, concluding Ohio ranks No. 39 among states. Similarly, a year ago the same report was released, placing Ohio at No. 38 for its tax system structure.