The Columbus Dispatch covers Kasich’s press conference yesterday by highlighting that it was nothing more than Kasich attacking how Strickland has handled the budget—with Kasich adamantly refusing to present any alternative. This is what Republicans call “leadership.”
Kasich, only when asked, says that he has not backed down from his pledge to repeal the income tax. He, again, stated that he has no intention of showing a plan on how he’d pay for it—at all—before the election. Nor could he really define what timetable he’d set to pay for it.
Instead, Kasich actually resorted to “trickle down” theory. That as Ohio cuts its taxes, Kasich explained, new businesses moving into the State (who, ironically have to make up the tax burden we would no longer have to shoulder, which would be the dumbest move since I bought that vacation home by Camp Crystal Lake) would replace the lost revenue.
Except that “trickle down” economic theory is largely based on the Laffer Curve which concedes that a 0% tax rate generates $0.00 in revenues. It’s called the Laffer Curve, Congressman, not the Laffer Slope. (John Kasich didn’t major in economics in college.)
Anyhow, the entire point of the press conference was to paint Ted Strickland as a reckless budget guy who raised taxes, thus killing business in Ohio, and therefore, he is responsible for all those job losses that Kasich released a new television ad blaming Strickland for. To back Kasich up, he called the heads of the NFIB and the Ohio Chamber of Commerce, which you might have heard has endorsed him.
Here’s what the Chamber had to say on Strickland and taxes:
The income-tax freeze was implemented in late 2009 after a plan to place slot machines at Ohio racetracks fell through, leaving a hole of more than $800million in the budget.
The Ohio Chamber of Commerce recently endorsed Kasich but had backed Strickland’s plan to freeze the income tax. Chamber President Andy Doehrel, who attended yesterday’s news conference and praised Kasich’s pledge to not raise taxes in the future, said the income-tax freeze was “the least horrendous thing that could happen under the circumstances.”
Asked if it was fair to label Strickland as someone who increases taxes, Doehrel said, “That isn’t something you’ve heard from the Ohio Chamber.”
John Kasich can’t even get the Ohio Chamber of Commerce, which endorsed Kasich, to call Ted Strickland a tax raiser at his press event designed to attack Strickland on taxes. That’s how pathetic of an attack it is!
Looks like even after the endorsement, the Ohio Chamber of Commerce is still trying to straddle that fence, doesn’t it?