March 16, 2016

NewsNet5: PolitiFact: Was Kasich’s tax cut the largest in the nation?

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“Ohio is among the states that come up in discussions about big tax cuts. But was Kasich’s truly the largest in the nation? “There are at least half a dozen reasons why there has to be an asterisk after that sentence,” said Carl Davis, research director at the Institute on Taxation and Economic Policy, a left-leaning think tank. “The ones that come to mind are Kansas and Ohio, and to a lesser extent, North Carolina, Texas, maybe even Florida,” said Davis. “But it’s complicated, because tax changes are often enacted in stages, and in some cases are accompanied by tax hikes, like on cigarettes in Kansas and Ohio. Trying to gauge what the revenue of a state would have been without the tax cuts is really difficult.””

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