Chamber Supports Dayton Income Tax Levy
The Dayton Area Chamber of Commerce has officially endorsed the City of Dayton income tax renewal levy that will be on the May 6, 2014 ballot. The City of Dayton’s current income tax rate is 2.25%. 1.75% of the 2.25% is permanent and .5% has been subject to renewal every 5 years since 1990. Dayton voters understand the importance of this renewal and have overwhelmingly supported the renewal every time.
“This levy means no new taxes for Dayton businesses and will give the City the financial confidence to provide essential services,” stated Phil Parker, President & CEO of the Dayton Area Chamber of Commerce. “Making this renewal permanent, will allow City leaders to continue to focus on economic development and business services, instead of running a levy campaign every 5 years.”
This renewal levy is an important key to the economic stability of region’s core city. The Chamber will continue to monitor potential changes or adjustments in income tax rates to ensure the City of Dayton remains economically competitive and attractive to business growth.
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