Share This!
News: Bytegrid Drives Pro-Business Change in Ohio Data Center Tax Exemption, Digital Journal
Notes: Tax loopholes are everywhere. Some make sense others don’t. Ohio has no official process to review them. A data center in Cleveland may receive a taxpayer investment of up to $3.2 million in its first year of operation – and more over the next five years as a result of a 100% sales tax exemption. The important thing to remember is that the state has spent $3.2 million on this company instead of preschools, parks, or public safety. Will this expense create new jobs or will it subsidize jobs that were already going to occur. Sometimes, these are smart investments – other times they are political favors. We need more transparency and accountability of tax credits and loopholes to make sure they are the best investment for Ohioans.
News: Life without a hub, Akron Beacon Journal
Notes: Many of us have used the United hub at Cleveland Hopkins, and its closure will impact the options for air travel in the region. The Akron Beacon Journal points out what the region should do moving forward: “The smart response focuses on enhancing local strengths, and securing the foundation of any regional economy, a well-equipped work force, responsive government and sound public works. An airline hub has value. It isn’t essential for Northeast Ohio to prosper”
