Category archive for ‘Taxation’ rss

  • Kasich failure to reach out to GOP colleagues puts tax plan in jeopardy

    Legislative Outreach 101: Governor Kasich leaked his plan to cut the state’s income tax by raising taxes on oil companies to any newspaper that would print it. What he didn’t do was reach out to lawmakers who promptly responded by dumping his plan from the budget. Oops.

    3/19/12 • (6)

  • Kasich offers election year tax cut of $21 per Ohioan

    The Columbus Dispatch provides more details on the proposed income tax cut, expected in 2014, Kasich’s reelection year, thanks to increased tax collections on natural gas and oil drillers. The amount the average Ohio taxpayer can expect to collect works out to $21 in 2014. Will it be enough to guarantee a second term for Kasich?

    3/10/12 • (7)

  • Plain Dealer confirms: Kasich tax hike on frackers will be small

    It turns out we were far too generous assuming Kasich’s proposal to raise taxes on frackers would impose a fair tax rate on the extraction of oil and gas. His plan generates in five years what our estimates from yesterday said the state could raise in just one. Our new analysis shows that his fracking tax plan would raise enough revenue to give the average taxpayer a tax cut of $21 to $32.

    3/04/12 • (1)

  • Analysis: Kasich hints at meaningless income tax cut

    Governor Kasich’s team is floating the idea of raising tax on frackers and spending the money to cut the state’s income tax. Is that possible? We ran the numbers and offer the first glimpse at how much of a tax cut ordinary Ohioans could expect.

    3/03/12 • (3)

  • Mark Kvamme and Ohio’s middle class tax cut

    In one of the most out-of-touch quotes in history, John’s Kasich’s job czar (outsourcing expert and venture capitalist Mark Kvamme) offers up his thoughts on how a new tax break for $10 million investments actually helps the middle class.

    6/29/11 • (1)

  • Rich Ohioans Big Winners In This Budget

    It’s no secret that being wealthy offers its share of perks but John Kasich and Co. seem to be going out of their way to please their rich friends. We take a look at some or the more egregious giveaways to the most well off in Ohio.

    6/28/11 • (3)

  • More corporate welfare: job-retention tax credit expanded

    The Governor’s budget contained a $34 million expansion of a tax credit that pays companies to retain Ohio job, and, in the process, lowers the requirement that they actually retain jobs.

    6/24/11 • (1)

  • Massive Tax Giveaway Hidden in Senate Amendments

    A massive, and little-noticed tax giveaway was included in the Senate version of the budget. Will anyone notice in time to fix it?

    6/23/11 • (8)

  • Tax cuts don’t pay for themselves Pt. 5,341

    Governor Kasich wants the conference committee to include another tax cut in the final version of the budget, this time for capital gains. And, like always, the administration in claiming that these cuts are going to pay for themselves. For the millionth time: no tax cut pays for its self. Ever.

    6/22/11 • (4)

  • Kasich’s $1 billion dilemma: save for a rainy day or cut taxes?

    In which we go full-on budget nerd on you and talk about how Kasich needs to explain whether he intends to follow the law and save excess state funds for a rainy day or ignore the law and cut taxes.

    5/24/11 • (3)