“If these deductions and credits are eliminated, it will cost our residents more in taxes and hurt our ability to create jobs and strengthen our economy,” Ginther said. “We know that in the state of Ohio our cities are driving the economy of this state.”
Springfield Mayor Warren Copeland said historic tax credits are used to make renovation projects on old buildings financially feasible. He points to the conversion of the Bushnell Building in downtown Springfield into office space and a proposal to put apartments into the Wrens Building as examples of projects that rely on the historic tax credits. "We use it regularly," he said.
Cincinnati Mayor John Cranley blasted the tax reform packages as huge tax hikes for Americans.
“This bill is a huge tax hike for the American people and for our constituents,” said Cranley, a Democrat. “The average American taxpayer is going to pay more. We are being told that somehow this is a tax cut. It’s not. It’s a tax increase. You take away the local and state deduction, literally, that is more money out of your pocket for the federal government.”