Posted on 08/05/16 by Zach Schiller (he/him) 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 Assembly in the past year. Altogether, the Office of Budget and Management (OBM) estimated, they’ll cost $43 million this year. That’s $43 million that instead could go into allowing more kids to go to preschool, cutting the cost of college tuition, or helping our inadequately supported public transit systems serve more riders, among Ohio’s many needs. What’s in this bundle of breaks? Most costly is the sales-tax... 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 (he/him) 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 (he/him) 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
Posted on 02/11/16 by Wendy Patton in Revenue & Budget
Growing use of temporary workers has benefitted corporations at the expense of workers, who often earn low wages and have no benefits or job security. Yet instead of trying to help workers get ahead, Ohio... read more
Posted on 02/05/16 by Harlan Spector in Revenue & Budget
Early childhood education helps kids thrive in school, helps parents work, and employs teachers in our still-slow economy. Yet preschool and childcare funding in Ohio seem perpetually stuck in second class. Children of low-income families here... read more
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