Unequal and unbalanced: Income inequality promoted by Ohio’s tax-cut policies may be inhibiting the state’s economic growth
September 22, 2014
Toledo Blade Editorial // September 21, 2014
The failed tax-cut scheme that Ohio has pursued for the past decade — with particular zeal by Gov. John Kasich and this Republican-controlled General Assembly — has aggravated income inequality in the state. A new study warns that such inequality is slowing the rate of growth of state tax revenue nationwide by undermining economic expansion, and also is making collection of that revenue more unpredictable.
