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Topic: OH Budget  (Read 480 times)
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« on: October 22, 2009, 09:32:24 AM »
Vocal Observer Offline
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I just found this in the Dispatch.  I guess cutting the fat isn't an option.  This anonymous citizen feels the need to have Ohioans fork over more money in this economy while we're constantly fighting of levies, bonds and issues to further empty our wallets.  We're forced to pinch pennies when we can't make ends meet.  It's time the General Assembly leads by example.

Quote
Editorial
Republicans should stop grandstanding and help close state's budget gap
RE: House Bill 318
 Thursday,  October 22, 2009 3:02 AM

It's time for Ohio House Republicans to stop milking the state's budget crisis for political gain and do what is required to keep government functioning for the next year and eight months: Join Democrats in delaying a 4.2 percent income-tax cut that took effect Jan. 1.

Responsibility for the state budget mess can be laid at the feet of Gov. Ted Strickland and his advisors, who repeatedly underestimated the state's budget shortfall and then cobbled together a budget plan that resembled a house of cards.

But what was poorly done is done. Now there is only one reasonable option on the table and the GOP-controlled Senate should cooperate with the Democratic majority in the House to act on it.

House Bill 318, which would freeze income-tax rates at 2008 levels, also includes a 5 percent pay cut for legislators. The measure would allow the state to hold onto enough revenue to make up for the $851 million or so in expected revenue that was wiped off the books when the Ohio Supreme Court ruled that Strickland's ill-conceived plan for slot machines at racetracks would be delayed while opponents try to mount a referendum vote against it.

http://www.dispatchpolitics.com/live/content/editorials/stories/2009/10/22/doit.ART_ART_10-22-09_A12_FNFE5LM.html?adsec=politics&sid=101
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The Principle of Subsidiarity
Repeal the 17th Amendment

"peace, commerce, and honest friendship with all nations, entangling alliances with none." - Th. Jefferson

Oh yea... Run Paul Run!
« Reply #1 on: October 22, 2009, 09:56:52 AM »
Vocal Observer Offline
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Quote
2 Republicans willing to delay income-tax cut

House Republicans continued to argue that rather than postpone the final year of a five-year income-tax cut approved in 2005, the state should consider deeper cuts or a reorganization of state government to save money.

http://www.dispatchpolitics.com/live/content/local_news/stories/2009/10/22/copy/budget22.ART_ART_10-22-09_A1_65FELA1.html?adsec=politics&sid=101
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The Principle of Subsidiarity
Repeal the 17th Amendment

"peace, commerce, and honest friendship with all nations, entangling alliances with none." - Th. Jefferson

Oh yea... Run Paul Run!
« Reply #2 on: October 22, 2009, 12:12:43 PM »
Counter Offline
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Just as a reminder, the income tax cut was concurrent with an increase in the Commercial Activity Tax. As one was reduced over time, the other was increased over time.

I don't hear anyone suggesting that planned changes to both should be suspended. Only the planned decrease should be suspended.

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Counter

No Coal. Know Cold.
Know coal. No cold.
« Reply #3 on: October 22, 2009, 02:31:00 PM »
Vocal Observer Offline
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Just as a reminder, the income tax cut was concurrent with an increase in the Commercial Activity Tax. As one was reduced over time, the other was increased over time.

I don't hear anyone suggesting that planned changes to both should be suspended. Only the planned decrease should be suspended.

Didn't you read what Rep. Stewart of Columbus has to say?
Quote
Democrats call it a tax freeze. "To delay a tax cut is not a tax increase, no matter how many times you say it," said Rep. Dan Stewart, D-Columbus.
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The Principle of Subsidiarity
Repeal the 17th Amendment

"peace, commerce, and honest friendship with all nations, entangling alliances with none." - Th. Jefferson

Oh yea... Run Paul Run!
« Reply #4 on: October 30, 2009, 02:35:07 PM »
Vocal Observer Offline
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Everyone seems to think that the only option to fix the budget for the next two years is a "temporary" tax increase.  What do we do two years from now when we're in the same boat?  Is the assumption that the public will have forgotten about that tax increase and so that current levels can be maintained if not increased?  Almost every election, we vote on a levy, issue, bond, sales tax and/or income tax increase.  When will it stop?

Ohio needs temporary sales-tax increase
http://www.dispatch.com/live/content/editorials/stories/2009/10/23/S.D._Michael_ART_10-23-09_A16_FNFE936.html?sid=101
Logged
The Principle of Subsidiarity
Repeal the 17th Amendment

"peace, commerce, and honest friendship with all nations, entangling alliances with none." - Th. Jefferson

Oh yea... Run Paul Run!
 
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