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Government and Politics


Policy Matters points to narrow tax niches in the new Ohio budget
Liberal group underlines a special treatment for a Twinsburg business
by WKSU's ANDY CHOW


Reporter
Andy Chow
 
Gov. Kasich's budget director Testa says tax changes will make a big difference.
Courtesy of 2013 State of the State
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In The Region:

The beginning of July means the state is ringing in a new fiscal year. As Statehouse correspondent Andy Chow reports, one group is calling attention to some so-called special interest policies taking effect.

LISTEN: Chow on tax changes

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Many changes in Gov. John Kasich’s budget update will now begin — including $400 million in tax cuts. But the liberal-leaning research group Policy Matters Ohio says the measure also contains more specialized exemptions, such as for fraternal groups and investors in small companies.

Policy Matters’ Zach Schiller highlights even more specific carve-outs, such as one that allows a medical-assistance facility in Twinsburg to reapply for a property tax exemption. Schiller notes that these policies don’t make a huge dent in revenue.

“While the benefit isn’t extraordinary, it does reflect one individual taxpayer getting special treatment.”

And Schiller also says the broader kinds of tax cuts won’t boost the state’s economy.

Tax Commissioner Joe Testa disagrees and says the tax breaks as a whole will encourage job growth and leave more money in the pockets of Ohioans.

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