Governor Kasich has been very clear that he does not support considering raising taxes on Ohioans as a means to balance the state budget and fill the nearly $8 billion structural imbalance. Legislators in the Ohio House agreed during a press conference yesterday and spoke about how raising taxes would hurt Ohio’s economy even more and prevent job creation. You can read more below from the Youngstown Vindicator:
The chairman of the House Finance Committee wasn’t offering many specifics Monday on how Republicans in his chamber plan to alter Gov. John Kasich’s $55.5 billion biennial budget proposal.
But Rep. Ron Amstutz, a Republican from Wooster, and Rep. Christina Hagan, a Republican from Alliance, did make one thing clear: The House GOP isn’t going to back tax increases as a means of balancing the budget.
“That’s not in the interest of the majority of the House,” Hagan told Statehouse reporters Monday. “It’s not something that we’re willing to take on. … Ohio’s combined state and local tax burden is more than most other states, so that’s not something we’re willing to look at if we want to be open for business.”
And
Critics of the plan have called on lawmakers to consider tax increases to cover the costs of needed state services rather than taking funding away from local governments.
But Hagan and Amstutz said such increases would be a mistake. Citing projections from the Ohio Department of Taxation, Hagan said income-tax rates would have to be increased 46 percent to 56 percent in order to fill an $8 billion hole.
That would equal about $761 more in tax payments for an Ohio family of four with an adjusted gross income of $66,000.
You can read the entire article here.
Sir,
Lowering taxes at local and state level is required – too much redundancy and waste of overlaping and needless extra over-paid and bureaucratic overmangement!!!
We as veterans and travelers, note that settling in Ohio is a major financial tax burden. To give a quick useful tip, sales tax, property tax (2x a year – ridiculous), income tax Fed, state, and LOCAL?! The tax burden outweighs the tax benefit that I tangibly see.
Roads are pot-holed, kids have no busses to go to high school in Springboro. Taxes are always wanting increased but wages are not moving, Gas prices increasing. The state is about to implode.
Please allow veterans relief by no income tax and lowered property taxes.
Feel free to read this in meetings and PA announcements. Help us help Ohio… I am more than willing to help with Ideas to help Ohio.
V/r Dan Anders II, MSgt, USAF (Ret)
I agree that we should keep taxes as low as possible. But we also need to do things that maximize the probability that people will be able to take care of themselves. An end to exclusionary zoning would really help but politicians everywhere have been silent on this issue. Let each of us decide for ourselves what size home we wish to live in. The housing market is not free and freedom leads to prosperity. Thanks.
Yes, cut the spending!
Do we not have enough to deal with Energy Prices , Food Prices, Local goverments asking for school levies, and sin taxes. is this not enough without rasing taxes beacuse goverment caan not live with in its means. I tell you what congress I suggest you take a 50% cut in your wages for a year as a good faith measure then say to us look we are serious about cutting cost.People of Ohio please help in this battle by giving more, this action will get you support.
The idea of tax and spend needs to be thrown out the window. For too long the government has used this tactic to cover their fiscal irresponsibility. In today’s economy raising taxes is a sure way to lose what confidence is left.
It is shameful that we have allowed ourselves to spend our grandchildrens money and failed to pay as we go for all the goodies that our legislators pass to get re-elected. Let us start paying as we go no matter how hard it hurts. This will force us to reduce wasteful spending and even some spending that is useful. Hey guys, we are broke!!