Posted on 02/08/17 by Zach Schiller in Revenue & Budget
Economic forecast shows Ohio trails nation in growth Are Ohio’s tax policies working? Governor John Kasich’s budget proposal provides an answer, though it’s one he won’t like. By every major indicator, Ohio will underperform the nation over the two-year budget period beginning July 1 (Fiscal Years 2018 and 2019), according to the economic forecast used to put the budget together. We’ve had more than a decade of tax cuts. We’ve raised taxes for poor and middle income workers while slashing them for the wealthiest. And we’ve shifted to have the sales tax replace the income tax as the state’s top source... read more
Posted on 01/25/17 by Zach Schiller in Revenue & Budget
Kasich warns of a tight budget, but it’s partly due to his tax policies Governor John Kasich and Budget Director Tim Keen have been warning for some time now that the state budget they will propose... read more
Posted on 08/05/16 by Zach Schiller in Revenue & Budget
Ohio’s budget office recently released new estimates of how much revenue the state will take in this fiscal year and they were down. One cause: A set of new tax breaks approved by the General... read more
Posted on 07/21/16 by Wendy Patton in Revenue & Budget
The Ohio Department of Medicaid is asking the federal government for permission to change Ohio’s Medicaid program in ways that will make it far less effective. Medicaid provides health care to those who can’t afford... read more
Posted on 07/06/16 by Zach Schiller in Revenue & Budget
Ohio is giving Amazon.com a tax incentive worth $270,000 over six years for locating a new sorting center in Twinsburg. The retailer is expanding its distribution facilities all over the country – including two much... read more
Posted on 05/31/16 by Zach Schiller in Revenue & Budget
They’re called unicorns, though they’re a little less rare than that. That’s what Wall Street calls private start-up companies whose investors value them at $1 billion or more. Best-known examples include such companies as Uber, Airbnb,... read more
Posted on 04/08/16 in Revenue & Budget
This week, the Ohio Department of Medicaid (ODM) initiated the process of making it more difficult for low-income Ohioans to keep Medicaid coverage. Medicaid was created to provide health care for people who are too poor... read more
Posted on 03/03/16 by Wendy Patton in Revenue & Budget
Prices at the pump have plummeted and some oil- and gas-producing regions are seeing their economies slow, but Ohio’s Utica region saw growing production in 2015. Fiscal problems of other areas show that Ohio should... read more
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