A Review of Tax Expenditure Limitations and Their Impact on State and Local Government in Ohio
This report examines the history of Tax Expenditure Limitations (TELs) across the United States, from their infancy in the mid-1970s through their current incarnation. Various TELs are reviewed, the forces behind their creation are discussed, and three case studies of the performance of TELs are presented, examining their structures and outcomes. The final section of the paper focuses on the history of tax limitation efforts in Ohio. This is followed by a description of the Ohio TEL proposal and the initial reaction to that proposal.