CALDWELL, Ohio — An Income Tax in Caldwell is one-step closer to becoming a reality.
Caldwell Village Council Monday night gave first reading to a proposed 1% income tax for the village. The measure could go three public readings before being voted upon in December. However, council could choose to vote on the issue anytime before that, or possibly even reject the measure, and send it back to committee.
The income tax has been a hotly debated issue, and officials have been studying numerous options before coming to Monday night’s action.
According to Finance Committee Chairman, Jeff Minosky, this is not the first income tax in effect in Caldwell. Back in 2011, Council enacted a one-percent village income tax that was met with immediate backlash by village residents.
The conflict continued for nearly a year, before nearly 75 percent of village voters repealed the tax in a referendum in November 2012.