Posted on 03/11/2014 2:11:59 PM PDT by DallasBiff
The net for Ohioans is a $174 million tax cut over the next three years.
Kasich proposes funding an 8.5 percent income tax-cut for all tax brackets a $2.2 billion reduction over the next three years by raising the states tax on a pack of cigarettes 60 cents, from $1.25 to $1.85, while also taxing other tobacco products, including electronic cigarettes, at an equivalent rate. That would generate about $850 million during the next three years.
Kasich also wants to raise the Commercial Activity Tax on gross receipts for businesses from 0.26 percent to 0.3 percent, a roughly 15-percent increase providing $743 million in three years; and implement a gradual 2.75 percent tax on oil and gas extracted from horizontally drilled and fractured wells, generating $874 million in three years.
(Excerpt) Read more at dispatch.com ...
If fighting against nanny state worshipers, such as you, makes me a "drug addict" in your mind, help yourself. I'll proudly wear what you consider a derogatory label. You only make yourself look foolish
You claim to love the increase tax on cigarettes and tobacco products because you hate them so, which is fine by me - but you are ignoring the FACT that your hero in this is also including NON tobacco products in this, specifically the e-cigarettes which in no way shape or form can be considered tobacco products and are actually a proven means of stopping tobacco use.
As I said, you are the one looking foolish here.
didn’t even read it.
Typical.
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