The Buckeye Institute: Repealing Ohio’s CAT Will Enhance Economic Freedom and Opportunity
The Buckeye Institute released new research by its Economic Research Center that looked at the impact eliminating Ohio’s commercial activities tax (CAT) would have on Ohio’s businesses and its rankings in national economic indexes. In Letting the CAT Out of the Bag: How to Improve Ohio’s Economy and National Rankings, Buckeye researchers found that by repealing the CAT, Ohio would move up 42 spots to first place in the Tax Foundation’s State Business Tax Climate Index—making Ohio more attractive to relocating businesses.