Kasich's Proposed Income Tax Cut Balanced By Sales Tax Expansion
Governor John Kasich is pushing a 1.4 billion dollar net tax cut for Ohioans over the next 3 years, a move he says would attract more companies and their jobs. It would come in the form of a huge cut in the graduated state INCOME tax. But, at the same time, a reduced 5 per cent state SALES tax would be applied to many services that are now UN-taxed. Statehouse correspondent Bill Cohen reports on who would pay MORE for that.