Taxin' John Kasich Reveals His Plan to Sock It to Most Ohio Taxpayers
Except the wealthiest, of course. But if you make under $50,000 a year, you won't see any benefits — and the less you make, the more likely you are to be paying more.
Policy Matters Ohio has done some analysis which lays out the impact of Taxin' John's proposals on various income levels. Cutting the state income tax by 20% has a multiplier effect of disproportionately favoring the richer Ohioans.
But this study doesn't even take into account something else: the property tax increases due to levies that were made necessary because of Taxin' John's cuts to local governments and public school systems.
For instance, the Policy Matters Ohio study estimates that middle-income earners would get an average $144 a year break on their state income taxes. However, thanks to Kasich, my property taxes went up last year by nearly $250. If we pass another levy this year, which would mean two school levies during Kasich's first term in office, my property taxes could go up as much as $500. Thanks, Taxin' John!
This proposal includes a sale tax increase in a huge range of services and goods not currently taxed. Sales taxes are among the most regressive, taking the greatest percentage of income from those with the least income. Kasich is also talking about ameliorating this by mandating a three-year freeze on local sales tax increases — yet another hit to local governments likely to increase the number of property tax levies.
Progressive think tank Innovation Ohio asks "Who is being served by latest Kasich budget?"
I think we know the answer before reading their report.
If Gov. John Kasich’s latest two-year state budget proposal proves one thing, it is this: Most Ohioans don’t have a friend in Columbus.
If you’re a high income earner, the governor is on your side. If you’re a bigwig at a Big Oil & Gas firm, the governor is your humble servant. If you are a charter school cheat, looting public education – John Kasich is your wheelman.
If you’re looking for relief or a leveling of the playing field – you’re out of luck.
As Innovation Ohio says,
The state budget is about taxing and spending, but it’s also a huge collection of public policy changes. It’s a document that can be forward looking and which offers a plan to put public money into to the public’s interest. What we’re seeing so far is ideological dogma, little that speaks to the future and lots of your money flowing in the wrong directions.
Well, Taxin' John DID promise during the campaign to make Ohio a test lab for (failed) conservative ideology. But ideological dogma that damages a majority of a state's citizens is the wrong approach. Personally, I have very little use for ideological dogma at all. A state's government should work to improve the welfare and economic strength of ALL its citizens, not just the privileged few who are already in good shape.
I'm sure in coming days we will learn a lot more about how disastrous Taxin' John's budget proposal really is. I can hardly wait.