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WKSU Classical Channel
Classical Music With Gillian Martin
10:49
Arvo Part: Fratres (Kronos Quartet)
11:01
Wolfgang Amadeus Mozart: Sonata: 1st movement (Paul Galbraith, guitar)
11:06
Peter Warlock: Six English Tunes (London Festival Orchestra)
11:14
George Frideric Handel: Concerto Grosso No. 1 (St Paul Chamber Orchestra)
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Economy and Business Thursday, February 7, 2013 Study says Kasich's tax shift is really a tax hike aimed at poor people and the middle class A liberal think tank says the top 1 percent will get a $10,000 windfall; Ohio's GOP chairman accuses Democrats of "class warfare" by WKSU's STATEHOUSE CORRESPONDENT BILL COHEN |
 Reporter Bill Cohen | | |
In The Region: Gov. John Kasich has been touting a massive tax reform plan this week. He’s labeling it an overall $1.4 billion net tax cut. But critics are now highlighting a study that contends nearly half of all Ohio taxpayers could wind up paying more. Statehouse correspondent Bill Cohen reports. |
“This will give to the rich and take away from the poor.”
That’s how Zach Schiller of the Liberal think tank PolicyMatters Ohio portrays the governor's tax shift plan. It would slash the graduated state income tax for families by 20 percent and for small business by 50 percent.
At the same time, it would apply a 5 percent sales tax to a long list services that are now tax-free.
A PolicyMatters study concludes the average net tax cut for the top 1 percent of income earners would be more than $10,000. The next highest 4 percent of earners would get a tax cut of more than $1,500.
But the bottom 20 percent of taxpayers would pay an increase averaging $63.
Ohio’s Republican Party Chief Bob Bennett calls the criticism "class warfare by Democrats." A tax department official calls the study "advocacy research that's not solid." But the agency has issued no counter-study to refute the claims in the study.
Gov. Kasich's press secretary says people should focus on this instead: a huge tax cut for small companies will boost jobs. |
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Stories with Recent Comments Amanda Rabinowitz - Best AnchorA Sonorous and serious, mature voice, an experienced sound, professional but pleasant and at the same time fitting the subjects ... this is network quality, the... |