Ohio bank tax passes constitutional challenge at state Supreme Court

Ohio’s practice of lowering tax rates for banks that do more business in the state doesn’t violate the U.S. Constitution, the Ohio Supreme Court unanimously ruled Thursday.

COLUMBUS, Ohio — The state’s practice of lowering tax rates for banks that do more business in Ohio doesn’t violate the U.S. Constitution, the Ohio Supreme Court unanimously ruled Thursday. The ruling preserves a 13-year-old tax that brought more tha... [1235 chars]

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