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News: Governors Wants Voters to Keep Funding Public Works Projects, Toledo Blade
Notes: Ohio’s state parks have had a $500 million back log of maintenance projects, our sewers and water supplies need billions of dollars of investment, and we continue to have 5,700 county bridges that need updates. Governor Kasich recognizes the need to invest in these areas to create jobs and improve the quality of life for Ohioans who benefit from these public services. As Ohioans prepare for the Ohio Capital Budget early next year, we will engage in a debate on how much do we need to invest to build and maintain a great infrastructure and how should we pay for those investments. We can pay for these investments by borrowing the money, by investing current tax revenues, or a combination of the two.
News: House Republicans say the bill would provide tax relief for landowners and small producers, Youngstown Vindicator
Notes: HB 375 imposes a 1% tax on oil and natural gas profits. However, it also creates tax credits and distributes any new revenue into income tax cuts that will primarily benefit the wealthiest Ohioans. Ohio should follow the example of other states, including neighboring West Virginia and have a fair rate and invest the new revenue back into our local communities.
