Senate Budget Foes Criticize Plan
Middle-class, poor face more tax burden than rich The Toledo Blade COLUMBUS – The tax burden on the poor and middle-class would increase more than the wealthy and many businesses would get tax breaks in the budget bill that the Ohio Senate approved, opponents said yesterday. Full Article
Incomes Swell For Many Amid Budget Woes
The Toledo Blade COLUMBUS – Five years ago, 19 of Ohio’s 132 state legislators were paid $100,000 or more per year, when their state pay and outside income were tallied. Full Article
Ohio firms could get tax breaks
But individuals may see new taxes in Senate budget plan; schools would loseBy Doug Oplinger and Dennis J. Willard The Akron Beacon Journal COLUMBUS – The Ohio Senate is working on a budget proposal that could raise nearly $2 billion in new taxes and other revenues in 2005 — most of it from individuals — […]
Study Shows Downside of Increase In Sales Tax
Penny-on-dollar boost would stress low, middle income Dayton Daily News COLUMBUS | A penny-on-the-dollar temporary state sales tax increase, the leading contender to raise the extra money needed to balance the new two-year budget, would impose heavier financial burdens on low- and middle-income Ohioans than those at the top of the income ladder, a study released Thursday said. Full Article
Sales Tax Hike Hurts Poor More Than Wealthy, Study Says
Gongwer News Service The temporary one-cent sales tax increase included in the pending state budget bill (HB 95) would increase the sales tax burden on low-income Ohioans by more than five times the increase it imposes on the state’s residents with the highest income, according to a report Policy Matters Ohio released on Thursday. Full […]
Lack of Control: A State Board With Much Power And Too Little Ambition
The Akron Beacon Journal If the vast majority of Ohioans struggle to name even one member of the Ohio Supreme Court, it is a safe bet that few are familiar with the workings of the State Controlling Board. On the Monday Commentary page, Zach Schiller explained why they should be. Schiller, the research director of […]
Wake Up The Watchdog
Cleveland Plain Dealer, April 14, 2003
Taft Not Giving Up on Tax Overhaul
But lawmaker says Senate OK unlikely The Toledo Blade COLUMBUS – Most of Gov. Bob Taft s plan to overhaul Ohio s tax system likely won’t be part of the two-year budget that must be adopted by July 1, a key Republican legislator said yesterday. Full Article
Report Criticizes Controlling Board As Having ‘Too Much Power’
Horse Trading Begins for Votes in Senate to Pass Video Gaming Bill Gongwer News Service Senate Republicans and Democrats began negotiations Tuesday aimed at producing sufficient votes to pass legislation (SB 313) to allow video gaming at Ohio’s seven horse racing tracks. The negotiations were aimed at securing sufficient votes to pass the bill […]
State Panel’s Oversight of Spending Criticized
Controlling Board chief says 7-person group is doing job properly Columbus Dispatch The State Controlling Board is doing an inadequate job of keeping a grip on the purse strings for billions of dollars in state spending and has usurped some legislative powers, according to a critical analysis. Full Article
Policy Matters Urges Creation of State Earned Income Credit
The Hannah Report The federal Earned Income Tax Credit (EITC) provides up to $4,204 to working families who earn less than $33,000 per year. The credit enjoys wide bipartisan support because of its proven record in helping reduce poverty, reward work, provide tax relief, stimulate the economy and meet the basic expenses of working families. The federal […]
Tax Cut No Boon to Middle Class
Dayton Daily News In his premiere as a 60 Minutes debator, former President Bill Clinton said President George W. Bush is the first American president to call for a tax cut while planning for a war. Actually, President Ronald Reagan did something somewhat similar, when he pushed for a major tax cut as he was also engaging in a major military buildup. […]