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Press Releases

The Buckeye Institute Identifies $1.8 Billion in Tax Loopholes that Should be Closed

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The Buckeye Institute released a list of $1.8 billion in tax loopholes that should be reviewed by the Ohio’s Tax Expenditure Review Committee and considered for elimination to simplify Ohio’s tax code and reduce Ohio’s tax rate. “Ohio has made progress in recent years to improve the state’s tax system. Yet, more can be done to build on that success and to further strengthen Ohio’s job creation climate. That is why the work of the Tax Expenditure Review Committee is so important.”

Commentary & In the News

Ohio Should Avoid Following Michigan’s Bad Energy Policy

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Several states, including our neighbor Michigan, have recently proposed increasing their respective renewable energy mandates, which will end up costing consumers more money on their electric bills and slow renewable energy innovation in their states. In Ohio we have a chance to avoid these problems, help consumers save money on their energy bills, and encourage investors who have innovative ideas for renewable energy.

Press Releases

The Buckeye Institute Reacts to Proposed Increase to Ohio’s Overtime Threshold

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The Buckeye Institute issued a statement regarding the proposal to raise the threshold for salaried employees to be eligible for overtime, saying, “All Ohioans should earn a fair wage for the work they do. Unfortunately, this proposed increase to the overtime threshold will not accomplish this laudable goal. Employers will look for ways to ensure there are no net increases to their employee costs, including lowering base salaries and layoffs.”

Commentary & In the News

Ending Burdensome Regulations is a Promise Ohio Leaders Should Make Today

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Every Ohioan deserves the opportunity to build a better life for themselves and their family, and few things have a greater impact on that than a growing economy. However, too often, Ohio creates permission-slip policies that make it harder—and sometimes impossible—for Ohioans to pursue their careers and put food on the table for their families. Such policies must end.

Press Releases

The Buckeye Institute Names Dr. Andrew Kidd as New Economist with its Economic Research Center

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The Buckeye Institute announced that Andrew J. Kidd, Ph.D., has joined its Economic Research Center as a senior level economist. In this role, Kidd will conduct and produce original economic research that looks at and analyzes the impact of state and federal policies on peoples’ lives and on the economy. “We are pleased to have Dr. Kidd join our team and help lead our efforts to produce reliable economic research and data analysis that looks at how government policies and proposals impact state budgets and our wallets.”

Press Releases

The Buckeye Institute: Ohio’s Unemployment Rate and Job Growth Moving in the Right Direction

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The Buckeye Institute commented on newly released employment data from the Ohio Department of Job and Family Services, saying, “Ohio’s unemployment rate continued its downward trend from 4.7 percent in January to 4.5 percent in February, showing positive trends in the state’s labor market. The report also revealed a relatively unchanged labor force participation rate, which implies that those who were searching for jobs found them. This is good news for job seekers.”

Commentary & In the News

It’s Time to Cut Ohio’s Film Tax Credit

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It’s not often that The Buckeye Institute agrees with Policy Matters Ohio, but when it comes to opposing the increase of the special interest motion picture tax credit, we do! Policymakers are proposing increasing this special interest film tax credit, currently capped at $40 million a year, to a whopping $100 million annually and broadening it to include some Broadway productions, claiming that this tax credit will incentivize Hollywood and Broadway producers to set up shop in Ohio. What it really does is waste your tax dollars on a multi-billion-dollar industry that doesn’t need handouts from Ohioans.

Press Releases

The Buckeye Institute Highlights New Research on Negative Economic Impact of Ohio’s Growing Regulatory System

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At a press conference with Ohio Senate President Larry Obhof and Dr. James Broughel, a research fellow with the Mercatus Center at George Mason University, The Buckeye Institute’s president and chief executive officer Robert Alt highlighted the negative impact of government regulations on Ohio’s economic growth and the burden of occupational licensing specifically, saying, “We have long known that Ohio’s regulatory system is hurting our economy and hurting Ohio workers.”

Press Releases, Testimony & Public Comments

The Buckeye Institute: Occupational Licensing is a Red-Taped Obstacle for Workers

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The Buckeye Institute testified before the Ohio Senate Government Oversight and Reform Committee on Senate Bill 255 saying, “No one denies that state licensing requirements are needed in some cases and industries to ensure public safety…But these concerns fade quickly when applied to auctioneers, travel guides, and hairdressers—all of whom are subject to Ohio’s byzantine licensing requirements.”

Press Releases, Testimony & Public Comments

The Buckeye Institute: Capital Budget Should be Reduced to Off-Set Costs of Voting Machines

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The Buckeye Institute testified before the Ohio Senate Finance Committee on Senate Bill 135, saying, “The capital budget—and not a separate funding bill—is the more appropriate legislative vehicle for funding state infrastructure and core government responsibilities.” However, with the decision by policymakers to use a separate funding mechanism, Buckey urged policymakers to off-set the capital budget by the corresponding amount “in order to maintain longer-term spending balance.”

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