Thursday, January 14, 2010

Kasich's Tax Plan Would Cause Disaster

Plunderbund has a great post about the Republican Kasich-Taylor ticket for governor and lieutenant governor for Ohio. I suggest that you read Plunderbund because it explains the entire meltdown of Ohio if the Kasich income tax plan succeeds.

Here is more from the Dispatch (also noted by Plunderbund) article that explains what the Legislative Services Commission predicts if Kasich's bill to eliminate the state income tax passes:

...An analysis completed this week by the nonpartisan Legislative Service Commission said the bill would reduce general revenue fund totals by $814 million in fiscal year 2011, rising to a cut of more than $12 billion by 2020. It also would mean the loss of $79 million in 2011 for local governments and libraries, a figure that also would rise each year.....

Wow! This sounds like total destruction planned by Kasich and the Republicans!!!! Kasich would wipe out funding for schools, local governments, libraries, and state programs/agencies. Kasich gambled with other people's money when he worked with the now bankrupt Lehman Brothers. Now Kasich and the Ohio GOP want to gamble with our children's education, our state's economic status, and our future.