budget

During the past decade, Ohio’s income tax has been cut several times. And it looks like it might be cut again as the Republican led legislature considers the state budget. But some lawmakers are questioning the value of those cuts.

Republican Finance Committee Chair Ryan Smith says it is important to cut income taxes, especially for small businesses. They would get another tax break under the house’s proposed budget.

traffic camera red light camera
Robert Couse-Baker / Flickr/Creative Commons

Communities that still have red light cameras in operation right now are questioning part of the budget plan proposed by the Ohio House. There’s disagreement over a part of the bill designed to take away revenue that’s generated through those cameras.

Some cities are continuing to operate red light cameras while they sue over a new state law that restricts the usage of those devices. State Rep. Ron Maag says there’s a part of the newly proposed House budget that deals with those communities.

Flickr Creative Commons User Thoth188

After two months, Republicans who lead the Ohio House will unveil their version of Gov. John Kasich’s two year budget this week. 

The House version of the $72 billion budget is likely to include a tax cut, but it may not be the 23 percent across the board cut that Kasich had proposed. House leaders have not embraced the governor’s ideas to pay for tax cuts with increases in other taxes, such as those on cigarettes and oil and gas drillers, and the hike in the state sales tax and the commercial activity tax or CAT.

Gov. John Kasich's administration says it's open to delaying a proposal that has sparked hours of legislative testimony from individuals with disabilities who fear it could limit their choice in picking the workers who tend to their basic needs at home.
 
The proposal in Kasich's two-year budget would shift Ohio away from directly paying independent health aides, nurses or other providers. By July 2019, Ohio Medicaid would no longer accept billings submitted by non-agency providers, except in certain circumstances.
 

Vapor Shop employee John Talmage talks to customers. The price of the liquid nicotine used for e-cigarettes could triple under Gov. Kasich's budget proposal.
Karen Kasler / Ohio Public Radio

Gov. John Kasich’s budget calls for a 23 percent income tax cut. He’s proposing to pay for it with a package of tax increases, including hiking the tax on tobacco products. But at least one segment of that industry says hundreds of businesses could be snuffed out by the plan.

The budget includes $1 per pack increase in the tax on cigarettes, and would raise taxes on other tobacco products as well, says budget director Tim Keen. 

“The proposal is generally to equalize the tax treatment of cigarette, tobacco and related products,” he said.

Group Asking Kasich To Focus On College Student Debt

Feb 26, 2015

In his State of the State address, Gov. John Kasich made another big push for his budget plan, which includes policies directed at higher education. But at least one group says the plan doesn’t do enough for college students.

Kasich’s budget plan includes a cap and freeze on tuition increases. But the group “Young Invincibles” believes that will only shift more of the burden onto the students in the long run.

Gov. John Kasich recently announced his $72.3 billion dollar, two-year budget. It includes a series of tax cuts and increases as well as a change in the education funding formula.
ohio.gov

Activists, lobbyists and other budget watchers are still tearing into Gov. John Kasich’s third two-year spending plan, trying to figure out who will be helped by it, and who it will hurt. Some Ohio Statehouse veterans have very different opinions on the budget’s overall impact.

The $5.7 billion in tax cuts and benefits in the spending plan are paid for with $5.2 billion in tax increases on oil and gas drillers, on cigarettes, on businesses through the commercial activity tax, and through a half-percent increase in the state sales tax.

Kasich Wants To Use Cigarette Tax To Pay For Income Tax Cuts

Feb 6, 2015
Gov. John Kasich wants to boost the tax on a pack of cigarettes to help fund his proposed budget.
Creative Commons

Gov. John Kasich has included a cigarette tax as part of his proposed budget. Some health experts believe this will go a long way to getting people to quit.

The governor’s proposal would tack another dollar onto the existing $1.25 tax that already comes with every pack of cigarettes. That’s higher than the hike Kasich pitched last year, which was 60 cents.

Kasich Receives Mixed Reaction For Severance Tax Proposal

Feb 4, 2015
Ohio Statehouse News Bureau

House leaders are looking over Gov. John Kasich’s budget proposal which includes a big swing of the bat when it comes to a tax increase on oil and gas drilling. But the industry is ready to fight the plan.

Kasich is trying again to raise the so-called severance tax, this time proposing to move it to 6.5 percent, which he says would raise $325 million. 

Shawn Bennett with the Ohio Oil and Gas Association says the industry is already hurting because of a drop in prices. He claims a higher tax rate will further discourage investment. 

Office of Governor John Kasich

Today’s the day Gov. John Kasich unveils his third budget, which is expected to include $500 million in tax cuts plus benefits to lower-income Ohioans. But he has yet to talk about how he’ll pay for those.

Kasich wants to cut taxes on many small businesses and increase some tax benefits for lower-income Ohioans. And he’ll likely pay for those plans with a proposal to hike the tax on oil and natural gas drillers. But Kasich also suggested in December that he’ll take another swing at an increase in the tobacco tax.

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