Kasich Plan For Tax Hike, Cut Gets Mixed Reaction
Associated Press | NBC4 click through for video A plan by Ohio Gov. John Kasich to tie higher taxes on oil and gas drilling to an eventual reduction of the statewide income tax met with opposition on multiple fronts Wednesday. The oil and gas industry said the tax increase would discourage investment coming as a result of […]
Gridlock in Congress threatens Ohio programs
David Eggert Automatic spending cuts triggered by gridlock on a bipartisan congressional “supercommittee” could cost Ohio nearly $313 million next year, with a large chunk being pulled from funds for poor students and those with special needs. The overall reduction in federal funding for the state
Fracking tax
Editorial Gov. John Kasich understands that Ohio’s much-anticipated oil-and-gas bonanza means that the state’s ridiculously low severance tax should be increased to cover the potential environmental and public health costs of greatly expanded drilling. But he needs a bolder plan than the one he intends to introduce to the Ohio General Assembly on Wednesday. Failure […]
Mid-Biennium Review gets criticism, some praise
Tax cut to wealthiest is problematic, severance tax worth expanding Ohio should have a stronger tax on the depletion of the state’s natural resources. For that reason, Policy Matters Ohio found merit in the severance tax portion of Ohio Gov. John Kasich’s Mid-Biennium Review (MBR), released in a news conference today. The non-partisan, non-profit research […]