Social Security Changes
Gongwer News Service Social Security Changes: Separately, Rep. Tim Cassell (D-Madison) said he would introduce a resolution urging federal officials to reject any Social Security reform package that establishes “carve-out” of contributions for private management. While acknowledging that the system is facing a financial shortfall, he said the private accounts could end up losing money, […]
Cassell Resolution Opposes Social Security Private Accounts
The Hannah Report Rep. Tim Cassell (D-Madison) announced a proposed resolution Thursday that would put the General Assembly on record as opposed to President Bush’s social security privatization plan.
Study Shows Older Ohioans Rely Heavily on Social Security
Ohio Social Security recipients, age 65 and over, rely on Social Security for more than two thirds (68%) of their income at the median, according to a study released today by Policy Matters Ohio and the Economic Policy Institute. Benefit cuts would hurt older Ohioans, said Pam Rosado, Outreach Coordinator for Policy Matters Ohio. These […]
Cool Cleveland Interview, Part 2: Jim Rokakis
Cool Cleveland Cool Cleveland: What does the word Regionalism mean to you?Jim Rokakis: Regionalism to me is a belief that we have to take the region s dwindling resources andput them to work collectively for the betterment of all Northeast Ohio. In 1970, 40% of the county totalcame from the City of Cleveland; in the […]
Ohio Must Choose How to Spend Shrinking State Budget
The Akron Beacon Journal The tightest state budget in decades has unleashed more than the usual flood of testimony at the Statehouse. A few, among them advocates for mental health programs, have been pleased by Bob Taft’s proposal. Overwhelmingly, the thrust has been negative. Mayors and other local government officials have organized furious opposition to […]
Tax Reform Needs to Help Firms, Families
Dayton Daily News Ohio should change how it taxes businesses. The rules unquestionably have discouraged companies from making certain investments, and they’re a relic from a bygone time. … Full Article
Many Companies Pay Lowest State Tax
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
Residents Urged to Speak Out Against Taft’s Budget
Advertiser-Tribune.com By Kendall S. Cable Tax cuts proposed by Gov. Bob Taft are harmful to Ohio citizens, an activist told a group of local officials Thursday. Full Article
Bill Would Refund State Revenue to Taxpayers
Columbus This Week State Rep. Tim Schaffer (R-Lancaster) has introduced a bill that would earmark sales tax revenues for eventual refund to those who pay income taxes, if the state economy ever again booms the way it did in the 1990s.
Husted Critical of Tax Plan Analysis
Dayton Daily News By William Hershey A new analysis that concludes Gov. Bob Taft’s proposed overhaul of the tax code would benefit the wealthy and provide little or no savings to low-income Ohioans drew strong criticism Tuesday from House Speaker Jon Husted, R-Kettering. According to the analysis, when major parts of the Taft plan are […]
Taft’s Tax Plan Aids Wealthy, Uncle Sam, Study Concludes
Columbus Dispatch Nearly $1 in every $7 in state income-tax cuts Gov. Bob Taft is proposing would wind up with the federal government, not Ohio taxpayers, a study released yesterday concludes. The study by Policy Matters Ohio and the Center for Community Solutions also concludes that Taft’s overall plan to update the state tax code […]
Wealthiest Ohioans Gain Most from Proposed Tax Changes; Low- and Middle-Income Families, on Average, Save Little or Nothing
An analysis of many elements of Governor Bob Taft s tax proposal reveals that the proposal would provide large tax cuts to the wealthiest Ohioans, while providing little or no savings for low-income Ohioans and would shift the cost of funding of public services away from the wealthiest forty percent of Ohioans and to the […]