In The Cincinnati Enquirer, Buckeye’s Rea S. Hederman Jr. looks at the budget passed by the Ohio House of Representatives, writing, “The House budget includes some sound tax policies and promising improvements, but if the Ohio Senate fails to tap the brakes on the proposed ‘crazy train’ spending roaring out of the House of Representatives, the Ohio taxpayer will be on board for a spectacular economic train wreck.”
As the Ohio Senate continues its work on Ohio’s 2020-2021 biennial budget, The Buckeye Institute’s Economic Research Center released a new policy brief, How to Grow Ohio’s Economy: Return the Budget Surplus to Taxpayers, which found that returning $658 million to taxpayers—through permanent lower taxes— would lead to 6,600 more jobs annually. “By returning the entire surplus to taxpayers, the Senate would put Ohio on a path to create more than 6,000 new jobs, increase private sector investment, and keep Ohio’s economy growing.”
