Eye on Columbus
Lundy: Kasich's Cuts Hurt Schools, Communities and Middle Class Families
Governor's tax cut will disproportionally benefit the wealthiest Ohioans.
The most important bill we work on every two years is the Budget Bill. I wanted to update you on changes we have made in Finance Committee to HB 59. I still have concerns because the latest changes continue to lock in cuts by Gov. Kasich which will hurt our schools, communities and middle class families. More money for school funding was promised, but the changes do not begin to solve the problems created by $1.8 billion in cuts in the governor’s last budget. By continuing to cut education, we are short-changing our future, limiting our long-term economic growth potential and forcing downward pressure on local property taxpayers. The budget still includes a 7% income tax cut that will disproportionally benefit the wealthiest Ohioans. I …
A Lifetime Resident of Avon Lake
11:58 pm on Thursday, April 18, 2013
This is my final post on this matter. For the record, I pay not only the 15.3% combined SS and Medicare tax, since I own my own company, I also pay the other half for all my employees. I am considered self-employed by the IRS. Last year I paid over $120,000 in these taxes as an S Corporation. Where we differ is that I am a capitalist. I believe in a social system based on the principle of … more ›