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Here’s our first video, “Have You Seen a Change in Ohio?” For sources and citations see the links below.
10 years go by fast. Do you remember Ohio’s big policy change in 2005? The Ohio Tax Department says they were ‘the most sweeping changes in over 30 years.’
Maybe you heard the promise: Tax Cuts. You probably felt the reality: A tax shift. Now the wealthy pay fewer taxes, while many of us pay more. Ohio has shifted taxes. The poorest Ohioans – on average – pay $138 more a year, while the wealthiest Ohioans pay – on average $20,000 less.
Fewer jobs, and smaller paychecks Ohio has 85,000 fewer jobs since June 2005 (Dec. 2014). And Ohio’s median income has dropped by $3,800 since the tax cuts went into effect.
and we have billions less to invest in great public services that strengthen our communities “The changes in Ohio taxes since the passage of House Bill 66 in June 2005 also have slashed the amount of revenue available for investment in needed services, costing $3 billion a year.”
But its not too late. We can build an economy that works for all of us, make college a lot more affordable, and fill all those potholes. Ohio has cut $560 million (inflation adjusted) from higher ed. Tution has increased to replace state cuts. The state has also cut $1.5 billion from local governments leading to tighter budgets and fewer services in our local communities.
The First step, stop tax cuts that benefit the wealthy. Let’s do it before another decade flies by. Ohio can be a great state, and tax cuts just aren’t the answer.