Rewarding work
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 percent cut in state income […]
Bank tax rate shouldn’t be lowered, think tank says
Laura Bischoff Gov. John Kasich’s plan to change how financial institutions are taxed in Ohio would cut major loopholes used by big, multi-state banks to legally avoid paying taxes but the proposal would then give any revenue gains back to the banks in the form of lower tax rates, according to an analysis by the […]
Bank tax cuts loopholes, reduces rates: Proposal also provides unneeded help to big banks
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 transfer the gains from closing […]
County Council approves Emerald Cities partnership: Energy efficiency, workforce opportunities among goals
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 energy efficient. EC […]
Policy group questions Kasich’s additional cuts
Joe Vardon A liberal policy group is questioning $95 million in net funding reductions that Gov. John Kasich made in his mid-biennial review at a time when there appears to be no budget shortfall. In a recent report, Policy Matters Ohio highlights the spending cuts in light of the reductions made to schools and local […]
Ohio foreclosures drop for second year in row: Hamilton’s state rank gets worse
Paul E. Kostyu The number of foreclosure filings decreased in Ohio for the second year in a row, but changes across the state made Hamilton County the sixth worst among the 88 counties, even though the county numbers declined. New filings in Ohio dropped 16 percent from 2010 to 2011, according to a report released […]
Ohio foreclosures decline, mortgages still troubled
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 today by Policy Matters Ohio. […]
Foreclosure crisis persists in Ohio: Filings decline, but 1 in 3 Ohio houses still have negative equity
Chelsey Levingston New foreclosure filings dropped in 2011 in area counties, but the overall housing market remains fragile, with a high number of delinquent and overvalued mortgages, said Policy Matters Ohio in a report released this week. About 14,000 fewer foreclosure cases were filed in Ohio last year, for a total of about 71,500, said […]
Governor Kasich Talks With Local 12 About Income Tax Cut Proposal
Jeff Hirsh Ohio’s governor tackles another controversy… and talks about it one on one with Local 12 News. John Kasich is calling for a huge income tax cut which even has some of his fellow Republicans grumbling. The governor was in town today to help a local company Dunnhumby USA formally announce plans to build […]
Report says Ohio foreclosures decline
Paul Kostyu COLUMBUS
HB 487 proposes new cuts, little re-investment
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 analysis by Policy Matters Ohio. […]
Ohio Foreclosures Decline; Many Still “Underwater”
Mary Kuhlman COLUMBUS, Ohio – A new report offers some cautious optimism about housing insecurity in the Buckeye State. According to the group Policy Matters Ohio, the number of foreclosures in Ohio is down for the second year in a row – a 16 percent decrease from last year. While that’s good news, says report author David […]