Cornelius Frolik A record number of workers are suing their employers for allegedly not paying proper wages, and the spike in litigation has been commended by labor-advocacy groups and criticized by business groups. Wage and hour complaints filed in U.S. federal courts surged to 7,006 in fiscal year 2011 from
One step forward, two steps back – Ohio Gov. John Kasich’s proposed Financial Institutions Tax would deprive the state of much-needed revenue by lowering tax rates for the biggest banking institutions in the state, according to our recent analysis. The proposal would cut loopholes that have allowed big, multistate banks
For immediate release Contact: Hannah Halbert, 614.221.4505 Full report Data from two separate surveys released by the Ohio Department of Job and Family Services (ODJFS) today reveal a mixed message on the state economy. Ohio’s unemployment rate fell slightly in March to land at 7.5 percent according to data released
Editorial “Ohio’s unemployment rate has fallen in recent months, but too many working families still struggle to make ends meet,” begins this editorial in the Toledo Blade, which finds our research on a state earned income tax “intriguing” and potentially helpful. Last year, Policy Matters Ohio points out, the 21
Contact: Zach Schiller, 216.361.9801Download press releaseFull report Ohio Gov. John Kasich’s proposed new tax on financial institutions would cut major loopholes that have allowed big, multistate banks to legally avoid what they would otherwise pay under the corporate franchise tax. That’s the good news. Unfortunately, the plan would then
For immediate release Contact: Shanelle Smith, 216.704.6576 Download press release PDF Cuyahoga County Council yesterday approved, by unanimous vote, a resolution to work with Emerald Cities Cleveland-Cuyahoga County to create a clean energy economy by developing community workforce opportunities, enhancing environmentally sustainable practices and working to make government buildings more
This one-page fact sheet describes how a state Earned Income Tax Credit could benefit working families in Ohio. A state credit set at 10 percent of the federal credit would cost Ohio just $210 million, would benefit 949,000 of Ohio’s low-income working families with children, and would provide families with
Leveling out – Our latest foreclosure report points out that even though new filings dropped for the second year in a row – down to 71,556, a 16 percent decrease from 2010 – foreclosures in Ohio seem to be leveling off at a crisis-level peak. Mediation and foreclosure prevention programs
Download press release Read full report Cuyahoga County again ranks first, 30 percent of mortgages are “under water” For the second year in a row, the number of foreclosure filings decreased in Ohio. New filings dropped to 71,556, a 16 percent decrease from last year, according to a report released
For immediate release Contact Wendy Patton, 614.221.4505 Read brief here Download press release Savings should be directed to needed services, group says Ohio Gov. John Kasich and House Republicans propose squeezing $95 million out of Ohio’s current budget without using the money to restore critical services, according to a new
Tax day is a good time to explain why Ohio needs a strong income tax. Each weekday, from April 4 to April 17, we’ve posted a reason to like our state’s income tax. We’ve come up with 10, but there are many more. The income tax is the fairest tax.
While we’re cautiously optimistic about this decrease in foreclosures, we remain very concerned with the dismal indicators on home equity and delinquent loans. They show that more than one in three homes is ‘under water,’ or worth less than homeowners’ mortgages.