Wednesday, April 02, 2008

Ohio Just Raised Your Grandkids' Taxes

The good news is that it wasn't the full monty that Taxin' Ted was originally wanting, but the bad news is that Ohio's political elite just agreed to tack on $200 million to your grandkids' tax bill. The Cincinnati Enquirer has the details:
Voters will be asked to approve $200 million in new taxpayer-backed bonds, but the rest of the money will come from existing streams of state revenue, including from increased debt backed by profits from liquor sales, under the plan announced Wednesday.

Money would be invested in alternative energy such as wind, solar and cleaner-burning coal, and $250 million would go toward increasing the amount of Ohio business internships for college students. The state also plans to invest in land conservation and local infrastructure such as bridges and roads.
We need to vote all of these bums out of office...