The Beacon Journal: Anxieties of the middle class
media mention“The Kasich tax cuts produce the opposite effects. An analysis of the recently passed two-year state budget by the Institute of Taxation and Economic Policy, of Washington, D.C., for Policy Matters Ohio, a Cleveland think tank, showed tax changes benefitting the rich. Ohio residents in the top 1 percent of the income scale would see an annual tax cut of $10,236. More than half of the $1.2 billion in income tax cuts in the coming two years would go to this top level.
Meanwhile, those at the bottom 20 percent would pay $20 more a year because of tax changes, with those in the middle 20 percent getting a tax cut of $20.”