The Plain Dealer’s Sheryl Harris tells readers to “Prepare for the invasion of the title snatchers.” She’s got it right. Ohio’s reputation as a state that greets predatory lending with a yawn has encouraged TMX Finance, the nation’s largest auto-title lender, to expand into Ohio. Auto title loans are the
Program use is brief, targeted, requires work participation Public assistance programs keep poverty at bay while supporting work participation, particularly for families with children. The Cato Institute’s “Work Versus Welfare: 2013” starts from a flawed premise that families who draw on safety net programs do not work. The study
Download release Full report The Cuyahoga County EITC Coalition served 10,982 residents during the 2013 tax season, bringing more than $14.2 million in federal and state tax refunds to the county, according to an evaluation of the coalition’s work released today by Policy Matters Ohio. Established in 2005 to
The EITC Coalition served more than 10,900 residents in 2013, and brought more than $14.2 million in tax refunds to Cuyahoga County.
Breaking up – The recently approved Ohio budget added more tax breaks than it got rid of and increased tax expenditures – a form of state spending that includes tax exemptions, credits and deductions – by several hundred million dollars a year, according to our new report. Leaving in these
The General Assembly should set sunset dates for all tax expenditures, and provide a permanent way to examine all those in the tax code.
This editorial in the Toledo Blade tells it like is: Ohioans spoke plainly five years ago, when they overwhelmingly voted for reforms that restricted payday lenders from charging exorbitant interest rates
This Akron Beacon Journal editorial gets it right: Ohio’s $7.7 billion of tax expenditures — tax exemptions, deductions, credits and exclusions — “should receive regular scrutiny from lawmakers to determine whether they are serving the larger public interest.” To his credit, the governor did make a start in the new
For immediate release Contact Zach Schiller, 216.361.9801 Full report Download press release The new Ohio budget embeds in state law tax breaks worth several hundred million dollars a year, according to a report released today by Policy Matters Ohio. The nonpartisan research institute examined changes in tax exemptions, credits and
Channel 3’s story on payday lending does a good job documenting problems we already know — companies have been getting around Ohio’s efforts to ban predatory lending, and continue to make high-interest loans here. But Senior Political Correspondent also shows that at least one company has been overdrawing customer accounts,
Expiration of modest boost means just $1.40 per person per meal in aid. All of the nearly 47 million Americans, including 22 million children, who receive SNAP food assistance will see their food aid reduced, when a modest boost in benefits that policymakers included in the American Recovery and Reinvestment
Work sharing lets employers reduce everyone’s hours instead of laying people off, if that makes sense to both the employer and the workers. Policy Matters worked closely with lead sponsor Rep. Mike Duffey to shepherd this innovative reform through the Ohio General Assembly. It’s bad for workers and employers when
