Governor Kasich says Ohio is facing $621 million revenue shortfall in 2017. (Columbus: sales, real estate)

[Coseau]

Governor Kasich creates new position of Chief Innovation Officer at the statehouse to spur new growth in Ohio as a way to the fight the economic slowdown Ohio is facing as revenues are lagging at the tune of 621 million dollars in 2017.

[Coseau]

Kasich outlines 2017 vision in face of budget shortfall - Times Union
Governor Kasich creates new position of Chief Innovation Officer at the statehouse to spur new growth in Ohio as a way to the fight the economic slowdown Ohio is facing as revenues are lagging at the tune of 621 million dollars in 2017.

[ohioaninsc]

That's what happens when you cut taxes too much...Go back to the Pre-Kasich tax rates, and you'd solve this problem.

[North Beach Person]

Originally Posted by ohioaninsc

That's what happens when you cut taxes too much...Go back to the Pre-Kasich tax rates, and you'd solve this problem.

Maryland hasn't cut taxes and has a similar shortfall amount. As a percentage of the budget it's actually larger than Ohio's.

[bjimmy24]

Originally Posted by ohioaninsc

That's what happens when you cut taxes too much...Go back to the Pre-Kasich tax rates, and you'd solve this problem.

This is what happens when you spend too much. Cut the nonsense departments and what not and this is solved easily. Only problem is people get so emotionally attached to state programs that didn't exist even 5 months before, so it's almost impossible to actually cut anything.

[Cleveland_Collector]

Time for another tax cut and another farm subsidy.

[hensleya1]

John Kasich expanded Medicaid without any way to pay for it. He's blown $7 billion and counting. There's no end in sight short of repealing the law and forcing states to drop the expansion. $7 billion, in case someone has a hard time with sixth grade math, is ten times the upcoming deficit.

[Coseau]

Originally Posted by hensleya1

John Kasich expanded Medicaid without any way to pay for it. He's blown $7 billion and counting. There's no end in sight short of repealing the law and forcing states to drop the expansion. $7 billion, in case someone has a hard time with sixth grade math, is ten times the upcoming deficit.

Ohio hospitals, Medicaid providers concerned about Trump administration's block grant plans | cleveland.com
Looks like what is being proposed is Medicaid block grants to the states. Those who cannot afford medical treatment will be cut off from treatment when the federal money is all spent. Ohio is faced with 2 choices, let people get cut off from medical care if they cannot pay for it if the money runs out or raise taxes to provide funding to cover the financial gap. All I can say is don't get sick if you are dependent on the Government for healthcare.

[WRnative]

Kasich and Ohio's General Assembly Republicans have massively slashed taxes for the wealthy, often non-Ohio residents who own farms and other businesses in Ohio, at the expense of local governments and schools.

Republican State Auditor David Yost recently detailed the immense damage inflicted on Ohio's local governments other than townships. Too many local governments are in dire circumstances with infrastructure maintenance being deferred, which will result in failure or more costly replacement needs in the future.

Note that Kasich and the General Assembly Republicans broke decade-old agreements in order to fund tax cuts for the wealthy, eviscerating the local government funds of cities and necessitating large increases in local government income and real estate taxes. Poorer communities often don't have the option of raising significant, even as their sales taxes that residents of these communities pay have been diverted to funding tax cuts for the wealthy.

<<When the state had a projected $6 billion budget gap in 2011, the state's local government fund -- promised to communities when the state sales tax was created in 1935 -- was cut in half. That loss, coupled with a decision to eliminate the estate tax and phase out reimbursements for the 2005 elimination of the tangible personal property tax, added up to millions of dollars a year in some communities.>>

Report backs claims cities and counties were hurt by state cuts, officials say | cleveland.com

Note that the $6 billion budget gap was a controversial creation of the Kasich administration made during the height of the Great Recession. Kasich and the Republicans "remedied" this grossly inflated budget gap by not only slashing funding for local governments and schools, but also by diverting massive revenues to the secretive JobsOhio program and using discredited trickle down economic theories to slash taxes on the wealthy, including the elimination of the state inheritance tax. Kasich and the Republicans actually increased the regressive state sales tax.

Financial Health Indicators

The upcoming Kasich budget reportedly will increase funding for primary and secondary schools by only 1 percent over the two-year state budget, far less than anticipated inflation of 4-6 percent or more during this two-year period.

<<Serial GOP tax cuts, disproportionately benefiting upper-income Ohioans, are one reason Kasich's budget is expected to propose only a 1 percent increase in state aid to primary and secondary schools - that is, only a 1 percent increased investment in Ohio's future. That's as unwise a tradeoff as there could be in a state that needs better-educated citizens to attract more 21st-century jobs and investment.>>

Gov. Kasich's final budget must repair harm to still-struggling localities: editorial | cleveland.com

Ohio's tax revenue falls short of estimate again in December - News - The Columbus Dispatch - Columbus, OH

A key element of the Kasich/Republican tax breaks was a healthy exemption for each taxpayer of pass-through entity business income. It copied a similar tax break that gutted the Kansas state budget. E.g., if four owners of a pass-through business, such as farm operated in partnership, they could could exempt $1 million of state income, likely avoiding any state income taxes. Farm income reported on Schedule C would continue to be taxed, however. It is estimated that this Kasich tax break will cost Ohio $800 million annually.

<<And overall, the results of the new tax break in Ohio have been weak. The initial tax break, approved in 2013, did not produce overall job gains for the state or a significant increase in employment at small businesses that were hiring for the first time. According to the U.S. Bureau of Labor Statistics, such small Ohio businesses in 2015 were hiring fewer new employees than comparable small companies were a decade earlier, when major cuts in income taxes were enacted. Still, Ohio's business income tax break was vastly expanded last year and could cost upwards of $800 million a year when fully implemented. This tax break also violated a tenet of sound taxation: That businesses and peoples with similar assets and income should be taxed alike. Say you work as an employee of a landscaping business and pay income tax on your earnings. If you instead did the identical job, but as a contractor working for your own one-person company, you could use this deduction to avoid all Ohio income tax on the first $250,000 in income. The special treatment for passthrough income was created and expanded despite being roundly criticized by such disparate entities as CBPP and the Tax Foundation.>>


https://www.bna.com/state-income-tax-n57982077101/

[WRnative]

Originally Posted by bjimmy24

This is what happens when you spend too much. Cut the nonsense departments and what not and this is solved easily. Only problem is people get so emotionally attached to state programs that didn't exist even 5 months before, so it's almost impossible to actually cut anything.

What are the nonsense departments? Easily solved? Your prescription is sophomoric pablum suggesting significant ignorance about state and local governance in Ohio.