COLUMBUS, Ohio (AP) — An Ohio legislative panel is scheduled
to delve into an election-year policy plan from Gov. John Kasich that includes cutting Ohio’s income tax
through increases in
drilling and tobacco taxes.
The Republican governor released
details of his proposal on Tuesday. Testimony on the measure is set to
begin Wednesday afternoon in the GOP-led Ohio House.
The bill’s prospects amid campaign season are uncertain.
Kasich,
who faces re-election this fall, proposes cutting income taxes by 8.5
percent over the next three years, taking the top tax rate to 4.88
percent by 2016. Commercial activity, cigarette and drilling taxes would
rise to pay for the reduction.
He also proposes streamlining
Ohio’s workforce development and poverty programs, tying all
public-college funding to graduation rates and expanding vocational and
dropout education offerings.
Copyright 2014 The Associated Press. All rights
reserved. This material may not be published, broadcast, rewritten or
redistributed.
COLUMBUS, Ohio (AP) — An Ohio legislative panel is scheduled
to delve into an election-year policy plan from Gov. John Kasich that includes cutting Ohio’s income tax
through increases in
drilling and tobacco taxes.
The Republican governor released
details of his proposal on Tuesday. Testimony on the measure is set to
begin Wednesday afternoon in the GOP-led Ohio House.
The bill’s prospects amid campaign season are uncertain.
Kasich,
who faces re-election this fall, proposes cutting income taxes by 8.5
percent over the next three years, taking the top tax rate to 4.88
percent by 2016. Commercial activity, cigarette and drilling taxes would
rise to pay for the reduction.
He also proposes streamlining
Ohio’s workforce development and poverty programs, tying all
public-college funding to graduation rates and expanding vocational and
dropout education offerings.
Copyright 2014 The Associated Press. All rights
reserved. This material may not be published, broadcast, rewritten or
redistributed.