Gongwer News Service SB 11 MINIMUM WAGE (Prentiss) To raise the standard minimum wage to $6.15 an hour beginning January 1, 2006, then to $7.15 an hour beginning January 1, 2007, and to require an annual adjustment of the standard minimum wage each year based on the consumer price index
On May 20, 2005, Policy Matters Ohio’s Research Analyst Jon Honeck testified before the Ohio Senate Finance & Financial Institutions Committee regarding the tax law changes in the biennial budget bill (H.B. 66). Dr. Honeck described how the proposed commercial activity tax would not fully replace all of the revenues
Good morning, Mr. Chairman and members of the committee. I am Dr. Jon Honeck, a Research Analyst in the Columbus office of Policy Matters Ohio. It is a pleasure to be here to present the views of Policy Matters Ohio on the tax provisions of House Bill 66. Policy Matters
Ohio’s labor market is showing modest signs of improvement this spring. According to the latestseasonally adjusted payroll numbers issued May 20 by the Ohio Department of Job & Family Services, the state has gained nearly 16,000 jobs since January, the recent low point in employment. However, employment still remains well
Prentiss to raise the standard minimum wage to $6.15 an hour beginning January 1, 2006 Gongwer News Service Sen. Prentiss said the state minimum hourly wage of $4.25 per hour has not been increased since 1990, making Ohio one of only two states with a minimum wage lower than the
Four years after the recession began in March 2001, Ohio employment is down 179,700, or 3.2 percent, according to the latest seasonally adjusted payroll numbers issued April 15 by the Ohio Department of Job & Family Services. At this point after the early 1990s recession started, 167,800 nonfarm wage and
Social Security is the main source of income for about two-thirds of Ohio recipients age 65 or over. It makes up almost all of the income (90% or more) for nearly a third of recipients age 65 and over, and for more than a third of recipients age 75 and
Ohio’s job picture remains bleary, as the state has lost jobs during five out the last six months. According to the latest seasonally adjusted payroll numbers issued March 18 by the Ohio Department of Job & Family Services, the state lost more than 4,000 non-agricultural jobs in the last month,
Loopholes, credits qualify businesses for minimum corporate franchise levy by Mark Niquette Although their sales topped $1.5 billion apiece, only four of Ohio s 10 largest companies paid more than the state s $1,000 minimum corporate franchise tax last year. Full ArticleAccompanying Graphic
Good morning Mr. Chairman and members of the committee. I am Dr. Jon Honeck, a Research Analyst in the Columbus office of Policy Matters Ohio. It is a pleasure to be here to present the views of Policy Matters Ohio on Senate Bill 1, Governor Taft s tax reform proposal.
Good morning Madame Chairman and members of the committee. I am Dr. Jon Honeck, a Research Analyst in the Columbus office of Policy Matters Ohio. It is a pleasure to be here to present the views of Policy Matters Ohio on House Bill 1, Governor Taft s tax reform proposal.
Seventy-one of America’s largest and most profitable corporations paid no state income tax in at least one year between 2001 and 2003. This is one of the many troubling findings of a major new report on state corporate tax avoidance by Citizens for Tax Justice (CTJ) and the Institute on
