• Indiana – House Bill 1002 : tax reform to lower Indiana individual income tax rate from 3.23 % in 2022 to 3.15 % in 2023 & 2024 . If certain government revenue thresholds are met , individual tax rates may be further reduced ( 3.1 % 2025 & 2026 , 3.0 % 2027 & 2028 , and 2.9 % 2028 forward ).
• Kentucky – individual income tax rate to lower from 5 % in 2022 , by . 5 %, to 4.5 % in 2023 .
• Ohio – has a graduated tax system , rather than a flat tax ; tax rates and the number of tax brackets were reduced in 2021 with the top tax bracket being reduced from 4.797 % to 3.990 %. These rates and brackets are in effect through 2022 . Business income is taxed at a flat 3 %.