Posted on 09/20/18 by Wendy Patton in Revenue & Budget
Like the rest of the 2017 federal tax plan, the Opportunity Zone program will reduce taxes for wealthy people – but if done right, it could spark the revitalization of some of Ohio’s distressed communities. Under the program, tax incentives are offered to spur investment in “Opportunity Zones” in designated low-income communities—if all goes according to plan. The up-front cost is $7.7 billion over four years. By the end of the 10-year program, payment of some deferred taxes is expected to bring the cost down to about $1.6 billion. But what if things don’t go according to plan? The Opportunity Zone program... read more
Posted on 09/19/18 by Hannah Halbert in Revenue & Budget
It's debate time in the Ohio race for governor! The debate will be held September 19, 7pm at the University of Dayton; October 1, 7pm at Marietta College; and October 8, 7pm at Cleveland State University.... read more
Posted on 12/21/17 by Daniel Ortiz in Revenue & Budget
The clock is ticking for Congress to pass the Dream Act, which would protect immigrants brought to the United States as children. If they don’t act, Ohio’s economy could be harmed as thousands of young... read more
Posted on 10/25/17 by Wendy Patton in Revenue & Budget
On Thursday, October 26, the U.S. House of Representatives is expected to pass the Senate budget resolution, clearing the path for a tax overhaul mirroring the plan announced by President Trump and GOP leadership a... read more
Posted on 06/19/17 by Zach Schiller in Revenue & Budget
Robert Greenstein, founder and president of the Center on Budget and Policy Priorities, explained the deep flaws in Congressional efforts to repeal and replace the Affordable Care Act in two Cleveland speeches in mid-June. If... read more
Posted on 06/08/17 by Wendy Patton in Revenue & Budget
The lean state budget proposed for state fiscal years 2018-19 is getting skinnier by the week, as state revenues continue to come up short of projections. The budget approved by the House would cut spending... read more
Posted on 06/07/17 by Zach Schiller in Revenue & Budget
As Ohio legislators finalize the state budget this month, they should look westward, to Kansas. There, the state legislature this week overrode a veto by Governor Sam Brownback and repealed a tax break on business... read more
Posted on 04/14/17 by Caitlin Johnson in Revenue & Budget
Good schools, responsive public safety, reliable public transit, quality healthcare – these are the building blocks of thriving communities and strong economies. Ohio’s tax policies starve these essential programs while giving the wealthy big breaks—and... read more
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