What in god’s name is wrong with Ohio Republicans? There’s a party-line vote in the state House on costly and market-distorting tax credits for the film industry, and it’s the Democrats calling it out as fiscally irresponsible?
I know the Ohio Republican Party has done much, much worse over the years, but come on . . . when has enough damage been done?
The Dayton Daily News reports the government is facing “a budget nightmare for Ohio, which is now looking at a $640 million shortfall for the current fiscal year and as much as a $7.3 billion funding gap in the upcoming two-year budget.”
Perhaps Republicans could try to pass education tax credits before they leave. You know, the one and only tax credit that really does save taxpayers’ money and the only tax credit that actually decreases market distortion rather than increasing it.
A fiscal impact analysis of our Public Education Tax Credit shows that Ohio could save billions of dollars with school choice.
To give Ohio politicians a sense of the numbers we’re talking here, Illinois saves $5.1 billion in the first 10 years and $1.6 billion every year after the program has been in operation for 15 years. Wisconsin saves $9.3 billion in the first 10 years and $3.2 billion every year after the program has been in operation for 15 years.
But that probably makes too much sense. As an Ohioan, this pains me. But at least we’ll get to see what the Ohio Democratic Party wants to tax and spend on when they take over next year . . .
Hey Mr. DeWine, call your office...tell us again how we are going to be more fiscally responsible....especially since your compatriots in the Ohio General Assembly don't seem to want to hear it....Mr. DeWine, this does not bode well...I suggest you get to work and quit trying to alienate the grassroots people who worked hard for you in the past....
