Cleveland Saves offers tips — and prizes — to spur savings: Plain Dealing
In her Plain Dealing column, Sheryl Harris highlights Cleveland Saves Week, designed to help Northeast Ohioans get serious about savings. Add to or open a savings account during Cleveland Saves Week, Feb. 25 to March 2, and you may be eligible for prizes up to $25. If you’re on a limited income, it can seem […]
Cutting state personal income taxes won’t help small businesses create jobs and may harm state economies
Only 2.7 percent of personal income tax payers are small business owners. Many high-income tax payers may receive profits from business investments, but this accounts for only a small percentage of their total income.
Studies question tax-cut link to new jobs
This article by Jim Siegel of the Columbus Dispatch refers to Policy Matters Ohio research as it investigates the supposed link between tax cuts and job creation. Governor Kasich’s concept that “tax cuts lead to jobs” has lead to a proposed total tax cut for small businesses of more than 60 percent. Although Kasich’s goal […]
Outcome of inequality
An editorial in today’s Akron Beacon Journal takes a serious look at the state budget plan released last week by Gov. John Kasich. The editorial notes the governor’s views of tax cuts as “indispensable to spurring the state economy.” He talks about how the current top rate drives talented Ohioans to flee the state for […]
Ohio’s proposed tax changes could mean higher tax bills for some
Rich Exner at the Plain Dealer looks at IRS data and what has happened in other states to determine how Ohioans would fare under Gov. John Kasich’s plan to overhaul Ohio’s tax laws. His analysis suggests that lower and middle income families would not do as well as higher earners under the new system. Here’s […]
Governor Kasich’s new school funding plan
Education researcher Piet van Lier talks about Gov. Kasich’s proposal for Ohio’s schools on All Sides with Ann Fisher, with Greg Lawson of the Buckeye Institute and Ida Lieszkovszky of State Impact Ohio. The segment featuring Piet begins about 16 minutes into the show. http://wosu.org/2012/allsides/governor-kasichs-new-school-funding-plan/
Media conference call briefing: Exposing ALEC’s economic agenda in the states
To register, contact Phoebe Silag or Donté Donald in the Economic Policy Institute media relations department at news@epi.org or 202.775.8810 to RSVP and for call-in information. Washington
Liberal Think Tank Attacks Tax Hikes In Governor’s Proposed Budget
From the Statehouse News Bureau Governor John Kasich has been touting a massive tax reform plan this week. He’s labeling it an overall 1.4 billion dollar net tax cut. But critics are now highlighting a study that contends that nearly half of all Ohio taxpayers could wind up paying more. Statehouse correspondent Bill Cohen files […]
Kasich tax proposal would further tilt tax system in favor of Ohio’s affluent
Income tax cuts will increase inequality in Ohio and do little for our economy. The Kasich administration proposal to broaden the sales tax base, if done carefully, is helpful because our economy has shifted to services, many of which have been untaxed. However, this will disproportionately affect low- and middle-income Ohioans, so steps should be […]
Ohioans for Transportation Choice
Ohio should set aside at least $75 million each year in funding for FY 2014 and FY 2015 into a designated fund used to expand Ohio’s transportation choices, and ramp up “transportation choices” funding to 10 percent of the state’s transportation budget by 2020.
Charter schools’ nine lives
Karen Francisco of the Journal Gazette (Fort Wayne) draws on the Policy Matters Ohio report “Avoiding Accountability: How charter operators evade Ohio’s automatic closure law” in this aptly titled piece about charter school accountability. Quoting the report at some length, the article states: “Since the charter-closure law went into effect in 2008, 20 schools across […]
Statement on Gov. Kasich’s budget proposal
Policy Matters issued this initial statement today on key elements of Gov. Kasich’s budget proposal. We will continue to monitor the budget process, praising the smart solutions and suggesting other ways that the state budget can ensure that Ohio is creating an economy that works for everyone.