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Gov. Strickland signs bill to fill $851M budget hole
Gov. Ted Strickland on Tuesday, Dec. 22, signed House Bill 318, the tax cut freeze bill needed to fill an $851 million state budget hole.
The legislation delays for two years a 4.2 percent state income tax cut. It includes several other provisions, including pilot building projects at universities using construction methods that are supposed to save millions of dollars.
For a family of four earning $60,000 a year, the delay means $78 won’t be cut from their annual state tax bill.
“This bill balances the education budget and protects our schools from devastating cuts,” Strickland said in a press release.
“It advances construction reform at University System of Ohio institutions. And it affirms that education is the foundation of our plan to strengthen our economy and create opportunity for all Ohioans.”
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Comments
By fortressdayton
December 29, 2009 9:29 PM | Link to this
As a working person who earnbs enough to survive but too much to qualify for handouts that my tax dollars pay for, I say cut everything that is outside of basic services for 10 years. No subsidies for anyone. There should be no surplus and no deficit, since government is only supposed to levy taxes for services provided. Subsidies and hand-outs are an invention of our politicians. Sink or swim like the rest of us Libertarians. This is a healthy time for our country and a good time to weed out the parasites, especially those in office.
By goat man
December 23, 2009 8:48 PM | Link to this
If public schools are in turmoil, do us all a favor and shut them down. I am tired of being robbed then having my stolen money thrown in the toilet called public education. As far as I can tell all the public schools are good for is turning out brainwashed liberal union supporting drug addicted pregnant underage kids who look to the taxpayer to take care of them and their fatherless kids.
By Sara
December 23, 2009 1:00 PM | Link to this
“This bill balances the education budget and protects our schools from devastating cuts,” Strickland said in a press release. -So the public understands, this is not true. Our schools are still in turmoil regardless of the tax hold. More cuts to come, hold on to your socks Southern Ohio.
By Gregg
December 23, 2009 9:46 AM | Link to this
Hey Karon, I find it amusing that you are an idiot.
By karon
December 23, 2009 12:42 AM | Link to this
I found it amusing that people want tax breaks when this country is fighting 2 wars! Wake up people!
By Hey Joe
December 22, 2009 6:58 PM | Link to this
Joe, When are you tax supporters going to learn economics? Lower taxes means more people and businesses with money to spend. Business can then hire people with their extra money. More workers means more employment taxes. Etc. etc. etc. Learn some history, every time taxes are lowered, more people are working and more money flows into the government. Its called employment taxes. Get an education, then you may post a response.
By Hey Joe
December 22, 2009 6:57 PM | Link to this
Joe, When are you tax supporters going to learn economics? Lower taxes means more people and businesses with money to spend. Business can then hire people with their extra money. More workers means more employment taxes. Etc. etc. etc. Learn some history, every time taxes are lowered, more people are working and more money flows into the government. Its called employment taxes. Get an education, then you may post a response.
By Laura
December 22, 2009 5:26 PM | Link to this
Squirrellygirl, Don’t you have anything better to do with your time then trash our government, at the state, local, and federal levels. Everytime there is a story about politics or a politician you trash our government.
By Joe
December 22, 2009 3:48 PM | Link to this
Lower taxes equals no infrastructure improvements. Don’t complain about the potholes if you aren’t willing to pony up a few tax dollars to pay for it.
By wait till healthcare
December 22, 2009 3:35 PM | Link to this
All you democrat supporters I hope that you see how voting for democrats means higher taxes. Just wait until health care kicks in, EVERYONE will be paying more in taxes. That means less money to spend on your hope and change t-shirts.
By GUSS
December 22, 2009 2:38 PM | Link to this
The state will save the schools via the taxpayer,then Ohio will have a lot of educated people wondering where the jobs in Ohio are? So after Ohio educates these people they will have to move out of state to work and pay state taxes to Tennessee??Hmmmm
By Squirrellygirl
December 22, 2009 2:07 PM | Link to this
So Strickland overspent and now we have to pay more taxes. Nice. I hope he doesn’t get reelected next time.
By james
December 22, 2009 1:57 PM | Link to this
I thought he said that if we voted in casino gambling, then there wouldn’t be a hole in the budget.
By james
December 22, 2009 1:57 PM | Link to this
I thought he said that if we voted in casino gambling, then there wouldn’t be a hole in the budget.