Despite calls from across the political spectrum to reduce the dozens of so-called loopholes in Ohio’s tax code, the number of groups that receive special tax breaks grew in the most recent state budget, according to a Dayton Daily News analysis.
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Tax loopholes changing in Ohio
—Fraternal organizations will no longer have to pay property taxes (WITH PHOTO)
—Toledo Mud Hens will not have to pay sales taxes, including an unpaid $550,000 bill
—For-profit grain handlers will no longer pay Commercial Activity Taxes
—Most small businesses will get a 50 percent deduction on first $250,000 in income
—Gamblers will not be able to claim gambling losses as an income tax deductions (WITH PHOTO)
—Magazine subscriptions will become subject to sales tax
—Technology companies will no longer be able to get a specific type of tax credit