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 There, the state legislature this week overrode a veto by Governor Sam Brownback and repealed a tax break on business income that together with other income-tax cuts has led to a budget crisis. The bipartisan move by the Kansas legislature is especially significant to Ohio because we have adopted similar policies. In particular, our General Assembly approved and expanded a tax break on business income that is now costing $1 billion a year without producing visible economic gains. Kansas has provided a powerful message that... 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
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... 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
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