John Kasich is a piece of work. He signs the Americans for Tax Reforms’ pledge not to “raise any taxes.” Jon Keeling tries to parce Governor Strickland’s comments to the Columbus Dispatch and says it means that, unlike Kasich, Strickland refuses to take possible tax increases off the table to balance Ohio’s next budget (which ended in the black this year.)
Perhaps Keeling should have read the rest of the article. Because if he had, he would have seen a statement that shows Kasich has an exception to his “no new taxes” pledge that swallows the entire rule:
Asked whether that meant cutting the amount needed to balance the budget or expecting the economy to improve to produce the tax revenue needed, Kasich replied, “You get there by reviewing everything and making changes and reforming The bottom line is that there are no sacred cows and no biases in this.”
Kasich appeared to blow a caveat into the pledge yesterday by not ruling out closing tax loopholes for special interests.
What they’re talking about are what are called tax expenditures—targeted tax cuts to cover the costs businesses’ incur, for example, to buy equipment to comply with federal air and water environmental regulations, etc.
There is a growing consensus that much of Ohio’s projected deficit could be largely cured by a review of Ohio’s tax expenditures. In fact, there are some economists who encourage the federal government to look to do the same thing as a way to reduced the budget deficit without causing more economic pain than necessary.
The left-of center Center for Community Solutions proposed a review of Ohio’s antiquated system of tax expenditures as a means to deal with the deficit.
Here’s what Jon Keeling said in response to the Center for Community Solutions’ proposal to review Ohio’s tax expenditures:
In other words, if we get rid of them, taxes will be increased on those that currently are provided a tax break. In other words, repeal of tax expenditures = tax hikes on segments of Ohio.
And that translates to the above plan that’s 2 parts tax hikes and 1 part spending cuts.
Ohio needs to change the way it does business, and that shouldn’t include any type of tax hike.
Not every day I get to point out that Jon Keeling has attacked John Kasich’s plan as a violation of his pledge not to raise taxes before he’s Governor.
Be sure to catch my article about how Jon Keeling has implicitly attacked John Kasich’s plan to “raise taxes” in next month’s edition of “OMFG Magazine.”
Hitting newsstands soon!