Posts Tagged ‘Ohio’

On Credits, Boycotts, and the Economy

Congress is in recess until Monday, September 8. The Daily Deduction will resume its regular schedule when Congress returns. “There will be credits.” Alaskans like the way oil industry profits are taxed–barely. The state grants a corporate income tax credit for qualified oil and gas service-industry expenditures. Ballot Measure No. 1 would have repealed the […]

In the Midwest, Across the Pacific, and Down Under

Looks like there’ll be tax cuts in Ohio. The state’s legislature has produced a compromise bill that heads to Republican Governor John Kasich’s desk this week. Ohio had passed a 10-percent across-the-board income tax cut last year that was to be phased in by 2015. The compromise bill will make the tax reduction fully effective this year, […]

Using Tax Exempt Bonds to Demolish Homes: Another View

Last week, I blogged about a plan to use tax-exempt bonds to finance the demolition of vacant homes in distressed Midwestern neighborhoods.  Rolf Pendall, director of the Urban Institute’s  Metropolitan Housing and Communities Policy Center, has a different perspective: I agree entirely that a piecemeal approach to the current crisis isn’t appropriate and that the […]