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REALTORS testify against tax hike -- Add your voice to the opposition

REALTORS testify against tax hike -- Add your voice to the opposition

May 23, 2019

Ohio REALTORS President-elect Chris Reese testified before the Ohio Senate Finance Committee this afternoon in opposition to a change in law that would significantly increase taxes on small business owners. 

Her message was simple -- that the changes being considered in the budget bill will hurt real estate and, ultimately, Ohio's economy. In fact more than 2,000 Ohio REALTORS have already sent their Ohio Senator a similar message since we launched our "Call for Action" earlier this week.

Originally proposed by the Ohio House of Representatives, the Senate is now considering a budget bill that includes a sharp tax increase on pass-through entities earning more than $100,000 of business income. This means all REALTORS who are sole proprietors and generate more than $100,000 in business income will see their taxes go up -- a change that will impact thousands of Ohio REALTORS.

Make sure your voice is heard -- CLICK HERE to send a prepared message to your Senator to stop this tax hike from happening.

During her testimony, Reese stressed that REALTORS use this tax savings to purchase signs, marketing and advertising materials, hire staff, pay for gas and car maintenance, and other important job-creating, tax-generating activities. CLICK HERE to join her and tell your Ohio Senator that REALTORS strongly oppose this change and is seeking a full reinstatement of the current tax language. (Be sure to REVIEW and SEND your message otherwise your action will not be complete.)

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