Study Suggests, Backers Deny Blackwell TEL Would Put Workers’ Compensation Funds at Risk
Gongwer News Service Opponents hope they have identified at least one fatal flaw in a proposed constitutional state spending limit backed by Secretary of State J. Kenneth Blackwell, but a Citizens for Tax Reform spokesman defended the plan Tuesday against the latest critique. The Policy Matters Ohio study of the tax expenditure limit (TEL) being […]
Policy Matters Says TEL Amendment Will Spark Litigation
The Hannah Report A new analysis by Policy Matters Ohio found that the proposed tax and expenditure limitation (TEL) for which signatures are currently being gathered will radically change the way government operates, has many ambiguous provisions, and will result in substantial litigation. The proposal, spearheaded by Secretary of State Ken Blackwell’s Citizens for Tax […]
Tax Deal Leads to Plant Expansion
Lord Corp. will add 30 jobs in $3.8M projectby Timothy R. Gaffney Dayton Daily News HARRISON TWP., Montgomery County | Gov. Bob Taft and other state and local officialsWednesday morning helped Lord Corp. executives break ground on an expansion project that promises to add 30 jobs to its plant. “Lord is exactly the kind of […]
Study: Foreclosures Have Widespread Financial Impact
Daily Reporter by Melanie McIntyre Home foreclosures have a significant financial impact on local government, area residentsand retailers, but the problems could be minimized by reducing the incidence of poorlywritten and/or fraudulent loans made in distressed neighborhoods, according to a recentlypublished report written by two Harvard University researchers. “Collateral Damage: The Municipal Impact of Today’s […]
Foreclosures are Dayton's Political Scandal
Dayton Daily News The Dayton area is represented by two powerful state lawmakers, House Speaker Jon Husted and Sen. Jeff Jacobson, who’s No. 2 in the Senate. One day they’ll leave office, and be asked what they did for their community. Given the home mortgage foreclosure rate in Montgomery County – which is among […]
Out with the Old, in with the New
Tax change expected to aid manufacturersby Jeffrey Sheban Columbus Dispatch Who benefits from the most sweeping business-tax changes in Ohio in 40 years? One likely winner is the state’s beleaguered manufacturing sector, which has shed 200,000 jobs in the past five years, leaving 800,000. “I don’t think it’s a secret that manufacturing and the great […]
Home Insecurity Rising in Ohio
Guest Columnist Zach Shiller of Policy Matters Ohio addresses the state’s housing boom– in foreclosures.Demos As national print headlines celebrate a record housing boom, a disturbing trend is receiving far less attention than it should. Here in Ohio, homeowners are losing their homes in increasing numbers to foreclosures and ensuing sheriff sales. Across the state, more […]
Summit Co. Foreclosure Rates Maintain Record High
Rates Three To Five Times Greater Than Decade Ago NewsNet5.com SUMMIT COUNTY — A new study shows foreclosure rates in Summit County remain at record-high levels, NewsChannel5 reported. The Policy Matters Ohio study showed the county’s per capita foreclosure rate went from no. 8 statewide in 2003 to no.7 in 2004. Overall, foreclosure rates in […]
Summit, Stark Set Foreclosure Records
Rates in region are 3 to 5 times higher than ’94By Gloria Irwin The Akron Beacon Journal Even with the economy improving, foreclosure filings against property owners in Stark and Summit counties remained at record levels last year, a new study says. Summit County’s foreclosures per capita worsened last year, moving the county from eighth […]
Groups Debate Impact of CAFTA Trade Bill
Study says NAFTA cost Ohio 50K jobsby Yvonne Teems Dayton Business Journal While some say a free trade agreement to be voted on by the U.S. House of Representatives later this month may contribute to more lost jobs in Ohio, others say it will present more opportunities for small businesses and manufacturers. The Dominican Republic-Central […]
Trust Taft & Co. With Tax Reform?
The worry behind the governor’s featBy Michael Douglas The Akron Beacon Journal State Sen. Marc Dann neatly framed the mystery surrounding Bob Taft and his failure to report golf rounds as gifts on his financial-disclosure statements. The Youngstown Democrat explained to reporters last week that the governor “lives in a bubble,” with schedulers and other […]
Lucas, Wood Rank High in Foreclosures
The Toledo Blade Lucas and Wood counties have the dubious distinction of ranking among the highest in the state for foreclosures last year. A report released yesterday shows Lucas County with 2,766 such actions on housing in 2004, or one for every 163 people, enough to rank sixth highest among Ohio’s 88 counties. Wood ranked […]