Income inequality persists in Ohio, and a new reports says a GOP tax law will make it worse

By: Marty Schladen

Outlets: Ohio Capital Journal

Published: May 20, 2026

Words: 818

Last Updated: 2 months ago

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An updated analysis of census data shows that the gap between rich and poor persists in Ohio. And a new Republican “flat” income tax now in effect will only make it worse, the analysis said.

The richest 0.1% of Americans have seen their cumulative wealth spike by 53% between 2018 and 2025 — to $22.48 trillion, according to Federal Reserve data analyzed by the Institute for Policy Studies.

That means the richest 343,000 …

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