Initial thoughts from Innovation Ohio President Keary McCarthy on yesterday’s state budget proposal.
“Ohio Gov. John Kasich’s budget plan to decrease income taxes by 23 percent while tacking an additional half-cent onto the state sales tax would deliver a few hundred dollars in tax savings to many Ohio families. But the savings would be less for poorer families since they pay little income tax and spend a larger percentage of their income on sales taxes than more-fortunate Ohioans.”
– The Dispatch, Feb 3, 2015: Kasich budget includes $2.5 billion sales-tax hike