Disappearing Galion Dollars
by GalionLive • January 7, 2012 • News & Views, The Future of Galion • 6 Comments
Ever wonder how many Galionites head to Ontario, Mansfield, or Columbus to shop? Here’s one way to answer that question.
Ohio’s think tank for smart and sustainable growth, Greater Ohio, recently issued its third report on the rates of sales tax capture by Ohio counties, and how those rates illustrate what it calls “Ohio’s Horse & Buggy Tax Structure.” It is a structure which, in its words, is “holding Ohio back.”
While the data shared is intended to illustrate the disconnect between the state’s economic activity and how local tax rates are structured, it also provides a rather interesting look at how the three counties in the MidOhio region – Richland, Ashland, and Crawford Counties – function as economic marketplaces.
“Sales tax capture” refers to the difference between the census-calculated … Read the rest
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