Gov. John Kasich has long said Ohio needs to be competitive when it comes to taxes – it’s his argument for lowering and eventually eliminating the state income tax. With both tax cuts and tax increases in it, along with the expansion of Medicaid, Kasich’s second budget has generated both praise and controversy.
Neil Clark was the chief financial officer for the Ohio Senate Republican Caucus in the 80s, and is an expert on budgets and taxes. He doesn’t have much love for the plan to levy sales taxes on services where there were no sales taxes before.
Last week, Governor Kasich unveiled his new school funding formula with a lot of fanfare but few details on what it would actually mean for districts. Now, districts are finding just how much they would get under the new formula. StateImpact Ohio’s Ida Lieszkovszky reports some people are surprised by the numbers.