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Ohio


Tax credit for political donations benefits taxpayers, candidates, expert says
Donations must be completed by tomorrow to receive credit for this tax year
by WKSU's STATEHOUSE BUREAU CHIEF KAREN KASLER


Reporter
Karen Kasler
 
In The Region:
Politically-savvy Ohioans may find their inboxes overflowing with solicitations from candidates who note there are only a few hours left to take advantage of a tax credit the state offers for those donations. The state offers dollar-for-dollar credits of $50 per person and $100 per married couple for money given to candidates.

Ohio State law professor Donald Tobin says it amounts to the state subsidizing political donations for Ohioans who pay taxes, and it' a win for some taxpayers as well as for those running for office.
LISTEN TO: TOBIN ON TAX CREDIT

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"I would do that if I were them, too," Tobin says. "It's an easy benefit. Certainly if people haven't made their $50 contribution, telling them they can make one and basically not have to pay it themselves and get the money back when they file their return is a strategically smart thing for them to do."

Tobin says the law was likely an attempt to allow people to get involved in the political process easily. But he says the credit clearly benefits taxpayers who are more educated about politics and have the income to give away.

Donations to political candidates have to be done by tomorrow for the credit to be used in this tax year.

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