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00:00:00>> SUPPORT FOR THE STATEWIDE
BROADCAST OF "THE STATE OF
00:00:03OHIO" COMES FROM THE LAW
OFFICES OF PORTER, WRIGHT,
00:00:07MORRIS & ARTHUR LLP., HELPING
BUSINESSES AND INDIVIDUALS
00:00:08SOLVE COMPLEX LEGAL PROBLEMS
THROUGHOUT OHIO, ACROSS THE
00:00:09COUNTRY AND AROUND THE WORLD --
ON THE WEB AT
00:00:11PORTERWRIGHT.COM. AND FROM
AND FROM THE OHIO EDUCATION
00:00:20ASSOCIATION, REPRESENTING
121,000 TEACHERS, SUPPORT
00:00:21PROFESSIONALS AND HIGHER
EDUCATION FACULTY, COMMITTED TO
00:00:22THE SUCCESS OF EVERY CHILD,
ONLINE AT OHEA.ORG.
00:00:28>> THE TWO LIBERTARIANS RUNNING
FOR STATEWIDE OFFICE FACE
00:00:32CHALLENGES TO THEIR PLACES ON
THE BALLOT.
00:00:34AND THE GOVERNOR'S STATE OF THE
STATE SPEECH WAS SHORTER THAN
00:00:37USUAL, BUT WAS PACKED WITH
PROPOSALS, INCLUDING A CALL TO
00:00:41LOWER THE TOP INCOME TAX RATE.
TWO RESEARCHERS ARE HERE TO
00:00:44SHARE THEIR THOUGHTS ON THAT
IDEA.
00:00:45ALL THIS WEEK IN "THE STATE OF
OHIO"MENT.
00:00:56>> THE CAM PLANE BY
LIBERTARIANS TO HAVE CANDIDATES
00:01:00IN EACH OF THE FIVE STATEWIDE
EXECUTIVE OFFICE RACES HASN'T
00:01:03GONE WELL.
LIBERTARIANS WERE DISQUALIFIED
00:01:05FROM THREE OF THOSE RACES, AND
PROTESTS WERE FILED AGAINST THE
00:01:09TWO STILL ON THE BALLOT,
CHARLIE EARL, WHO'S RUNNING FOR
00:01:13GOVERNOR, AND STEVEN LINNABARY
WHO'S RUNNING FOR ATTORNEY
00:01:15GENERAL.
THE SECRETARY OF STATE'S OFFICE
00:01:16HELD HEARINGS THIS WEEK, LED BY
FORMER FEDERAL ELECTIONS
00:01:20COMMISSIONER BRAD SMITH, WHO'S
A LAW PROFESSOR AT CAPITAL
00:01:24UNIVERSITY IN COLUMBUS.
THE PROTESTERS TO THE
00:01:27LIBERTARIANS' PRESENCE ON THE
BALLOT SAY THE SIGNATURES THAT
00:01:29PUT THEM IN THOSE RACES ARE NOT
VALID BECAUSE THE CIRCULATORS
00:01:33NEED TO BE MEMBERS OF THE
LIBERTARIAN PARTY.
00:01:35AND IN EARL'S CASE, LAWYERS FOR
THE PROTESTERS SAY DEMOCRATS
00:01:40SPENT LOTS OF MONEY TO GET
SIGNATURES FOR EARL IN THE
00:01:43HOPES THAT HIS PRESENCE WOULD
SIPHON VOTES AWAY FROM
00:01:46INCUMBENT REPUBLICAN JOHN
KASICH.
00:01:49THE LIBERTARIANS' ATTORNEY SAYS
AS LONG AS CIRCULATORS HAVE NOT
00:01:52VOTED IN A PRIMARY FOR TWO
YEARS, THEY CAN CIRCULATE
00:01:55PETITIONS, AND THAT THERE'S
NOTHING IN THE LAW THAT
00:01:58PREVENTS DEMOCRATS FROM WORKING
WITH LIBERTARIANS.
00:02:01CHARLIE EARL WAS IN THE ROOM
BUT WAS NOT CALLED TO TESTIFY,
00:02:05AND HE TOLD ME LATER HE
EXPECTED THIS.
00:02:08>> THEIR GOAL IS TO KEEP NEWS
COURT TILL NOVEMBER 4.
00:02:11I MEAN, I UNDERSTAND IT.
AND THAT'S ONE OF THE REASONS I
00:02:13BECAME A LIBERTARIAN.
I GOT TIRED OF THE CRAP.
00:02:17AND FELT IT WAS TIME THAT THE
PEOPLE HAD A VOICE WHEN WE
00:02:21STAND UP THERE AND WE SAY WE
BELIEVE IN LIBERTY, WE BELIEVE
00:02:24IN CONSTITUTIONAL GOVERNMENT.
LET'S GET RID OF THIS STUFF.
00:02:26>> SECRETARY OF STATE JON
HUFTED HAS THE FINAL DECISION
00:02:28ON WHETHER EARL AND LINNABARY
WILL STAY ON THE BALLOT.
00:02:31EARL SAYS IF HIS SIGNATURES ARE
RULED INVALID AND HE DOESN'T
00:02:35SEE ANY OTHER RECOURSES, HE
WILL STEP ASIDE BUT WILL
00:02:37CONTINUE TO CAMPAIGN FOR
LIBERTARIAN CANDIDATES.
00:02:40THERE ARE TWO CERTIFIED LIB
THERIEN WRITE-IN CANDIDATES IN
00:02:46THE RACES FOR AUDITOR AND
SECRETARY OF STATE.
00:02:49OHIO SAYS FEWER INMATES THAN
EVER ARE GOING TO BACK TO
00:02:52PRISON AFTER THEY'VE BEEN
RELEASED.
00:02:53STATE PRISONS DIRECTOR GARY
MOHR ATTRIBUTES THE DROP TO
00:02:57COMMUNITY PROGRAMS THAT WORK
WITH NEWLY RELEASED INMATES AND
00:03:00NEW PRISON UNETHATESES PREPARE
INMATES FOR LIFE OUTSIDE BARS.
00:03:03AND MOHR TOLD OUR ANDY CHOW
THAT HE ALSO CREDITS MEDICAID
00:03:07EXPANSION FOR GETTING TREATMENT
TO MENTALLY ILL AND ADDICTED
00:03:11INMATES.
>> THE OPPORTUNITY OF MEDICAID
00:03:14EXPANSION OFFERS, IN MY
OPINION, THE GREATEST
00:03:17OPPORTUNITY FOR POSITIVE CHANGE
IN OUR BUSINESS.
00:03:21IT BASICALLY MEANS THAT WHEN
OFFENDERS LEAVE OUR PRISONS, WE
00:03:25ARE GOING TO SIGN THOSE
ELIGIBLE INMATES UP FOR
00:03:28MEDICAID EXPANSION, AND A
MAJORITY OF THEM WILL BE
00:03:31ELIGIBLE.
>> MOHR SAYS A LOWER RECIDIVISM
00:03:33RATE SAVES THE STATE MONEY, BUT
IT ALSO HELPS THE PRISONS
00:03:36DEPARTMENT AS IT TRIES TO CUT
ITS INMATE POPULATION,
00:03:39CURRENTLY STANDING AT ABOUT
50,500.
00:03:44AND JOBSOHIO SAID IT HAD A GOOD
2013.
00:03:46THE PUBLIC-PRIVATE JOB CREATING
ENTITY SAYS IT CREATED NEARLY
00:03:4918,000 JOBS WITH GRANTS, TAX
BREAKS, AND OTHER INCENTIVES
00:03:53THAT ARE FUNDED BY THE STATE'S
LIQUOR PROFITS.
00:03:55AND IT ALSO SAYS IT SAVED
70,000 JOBS IN OHIO.
00:03:59BUT DEMOCRATS, WHO HAVE BLASTED
JOBSOHIO AS BEING CLOAKED IN
00:04:03SECRECY, SAY THE JOB NUMBERS
ARE OVERBLOWN.
00:04:06LAST WEEK'S STATE OF THE STATE
SPEECH IN MEDINA WAS GOVERNOR
00:04:09JOHN KASICH'S SHORTEST ONE, BUT
IT ARGUABLY INCLUDED THE MOST
00:04:13PROPOSED LEGISLATION AND POLICY
CHANGES.
00:04:16THE GOVERNOR TALKED ABOUT
LOWERING THE TOP INCOME TAX
00:04:20RATE TO BELOW 5%.
HE SAID HE WANTED TO PUT $35
00:04:23MILLION IN NEW TOBACCO
SETTLEMENT MONEY INTO PROGRAMS
00:04:26TO HELP SMOKERS AND TOW BACH
OWE USERS QUIT.
00:04:29HE ASKED LAWMAKERS TO APPROVE
SPENDING $10 MILLION IN CASINO
00:04:33LICENSING FEES ON A MENTORING
PROGRAM FOR AT-RISK HIGH SCHOOL
00:04:36KIDS.
HE ARGUED FOR PROMOTING
00:04:38VOCATIONAL EDUCATION, AND SAID
HE WANTS MORE OPPORTUNITIES FOR
00:04:42HIGH SCHOOL STUDENTS TO TAKE
COLLEGE COURSES FOR CREDIT.
00:04:45AND KASICH ALSO SAID HE WANTS
TO HELP MINORITY COMMUNITIES
00:04:48AND PEOPLE IN POVERTY.
TO GO OVER SOME OF THESE IDEAS
00:04:51AND TO TALK ABOUT WHAT ELSE WAS
AND WAS NOT IN HIS SPEECH, HERE
00:04:55ARE TWO GUESTS FROM TWO
DIFFERENT PERSPECTIVES.
00:04:57BUT IF YOU WATCH THIS SHOW
REGULARLY, THEY ARE FAMILIAR TO
00:04:59YOU.
GREG LAWSON IS A POLICY ANALYST
00:05:01FOR THE CONSERVATIVE BUCKEYE
INSTITUTE, WHICH DESCRIBES
00:05:04ITSELF AS A FREE-MARKET THINK
TANK.
00:05:07JON HONECK IS WITH THE CENTER
FOR COMMUNITY SOLUTIONS, A
00:05:10PROGRESSIVE-LEANING RESEARCH
GROUP DEALING WITH FISCAL,
00:05:13HEALTH, SOCIAL AND ECONOMIC
POLICY.
00:05:14LET'S START WITH THAT WHOLE
LOWER THE TOP INCOME TAX RATE.
00:05:18WHAT'S THE MAGIC ABOUT THE 5%
NUMBER?
00:05:21I MEAN, WHEN THE TAX CUTS WENT
INTO PLACE, IT WAS TRYING TO
00:05:24GET IT BELOW THE 6% RATE.
WHAT'S MAGIC ABOUT 5% AND WHY
00:05:28WILL THAT CREATE JOBS WHEN
LOWERING BELOW THE 6% RATE
00:05:33DIDN'T?
>> WELL, I THINK LOWERING TAX
00:05:34IN GENERAL, THE GOVERNOR MADE
IT CLEAR WHEN HE WAS RUNNING
00:05:37FOR GOVERNOR THE FIRST TIME OUT
THAT HE WANTED TO EVENTUALLY
00:05:39GET RID OF THE INCOME TAX.
AND I THINK THAT'S WHERE WE
00:05:44WOULD LIKE TO HEAD AND THE 5%,
TO SOME EXTENT, I THINK THERE'S
00:05:47A PUBLIC RELATIONS ASPECT TO
IT.
00:05:49IT'S THE NEXT MARK AS TO WHEN
YOU'RE AT RIGHT NOW, YOU'RE
00:05:52ABOVE IT SO IT SHOWS THAT
YOU'RE CONTINUING THAT PROCESS
00:05:55OF RATCHETING IT DOWN.
AND YOU KNOW, INCOME TAXES, WE
00:06:00THINK, ARE PROBLEMATIC.
WE THINK IT PENALIZES WORK AND
00:06:03SAVINGS AND IT PENALIZES THE
LONG-TERM INVESTMENTS THAT YOU
00:06:06NEED FOR ECONOMIC GROWTH.
AND SO GETTING RID OF THE
00:06:09INCOME TAX OVER TIME IS
SOMETHING WE THINK IS A GOOD
00:06:11IDEA.
THE 5% MARK, YOU KNOW,
00:06:13EVENTUALLY WE'D LIKE TO SEE IT
GO DOWN TO NOTHING.
00:06:15THIS IS JUST ANOTHER WEIGH
STATION, I THINK, ALONG THE WAY
00:06:18TOWARDS MOVING THINGS IN THE
DIRECTION THAT WE SHOULD BE.
00:06:20AND SO I THINK IT'S JUST A
MATTER OF LETTING PEOPLE KNOW
00:06:24LET'S HANG OUT THE SIGN SAYING
WE'RE OPEN FOR BUSINESS, WE'RE
00:06:27GOING TO DO SOMETHING DIFFERENT
HERE IN OHIO THAN WHAT WE'VE
00:06:30DONE SINCE THE 1970'S IN TERMS
OF THE INCOME TAX, AND IT'S
00:06:33JUST ONE MORE WAY TO BEAT THAT
MESSAGE OUT THERE, MAKE SURE
00:06:36IT'S FRONT AND CENTER FOR
BUSINESS CREATORS.
00:06:39>> JON, I WANT TO ASK YOU ABOUT
THAT.
00:06:40THAT'S A LOT OF WHAT WE HEAR
FROM GOVERNOR KASICH AND THE
00:06:44ARGUMENTS TO LOWER THE STATE
INCOME TAX Y NOT GET IT BELOW
00:06:475%, 3%, GONE?
>> YOU KNOW, I THINK IT'S --
00:06:50THE GOVERNOR'S VERY SINCERE IN
HIS BELIEF.
00:06:53I THINK, YOU KNOW, WE'VE BEEN
DOWN THIS ROAD BEFORE.
00:06:58WE HEARD THIS UNDER THE TAFT
ADMINISTRATION, THERE'S A 21%
00:07:01CUT TO THE INCOME TAX.
IN THE MOST RECENT BUDGET, WE
00:07:04HAD MAJOR CUTS TO THE INCOME
TAX THAT WILL EVENTUALLY END UP
00:07:08BEING A 10% RATE CUT.
IN THE MEANTIME, WE'VE GOT TO
00:07:11LOOK AT OUR ECONOMIC
FUNDAMENTALS HAVEN'T REALLY
00:07:14IMPROVED THAT MUCH OVER THE
LAST 10 YEARS.
00:07:15I BROUGHT SOME OF THE JOB
NUMBERS WITH ME JUST TO MAKE
00:07:18SURE I GOT IT RIGHT.
SO SINCE JANUARY OF 2000, THE
00:07:23NATIONAL EMPLOYMENT NUMBERS
HAVE GROWN BY ALMOST 5%.
00:07:27OHIO IS STILL 7.5% BELOW WHERE
WE WERE.
00:07:30SO I'M WONDERING WHAT IS THE
DIRECT CONNECTION THAT PEOPLE
00:07:34ARE SEEING?
SO YOU CAN RUN -- YOU CAN'T RUN
00:07:37THE STATE WITHOUT HAVING A
REVENUE FROM AN INCOME TAX.
00:07:39I THINK, IF THAT'S THE
DIRECTION THE GOVERNOR WANTS TO
00:07:42GO, I THINK HE SHOULD BE HONEST
WITH PEOPLE AND SAY, YOU'RE
00:07:44BASICALLY GOING TO HAVE TO
DOUBLE THE SALES TAX IN ORDER
00:07:47TO GET THAT KIND OF REVENUE OR
ANYTHING CLOSE TO IT.
00:07:51AND YOU KNOW, PUT THAT DEBATE
OUT THERE, HONESTLY, WITH
00:07:55PEOPLE.
I THINK, YOU KNOW, YOU MAY GET
00:07:56A DIFFERENT DISCUSSION THAN THE
ONE WE'RE HAVING NOW.
00:07:59>> NOW, FOR SOME PEOPLE THIS
IDEA OF TAXING THE TOP 5% OR
00:08:03THE PEOPLE WHO WOULD BE
AFFECTED BY THIS TOP RATE
00:08:06LOWERING, THERE'S AN IDEA THAT
THESE ARE REALLY, REALLY RICH
00:08:09FOLKS.
WE DON'T HAVE A LOT OF SUPER
00:08:10RICH PEOPLE IN OHIO.
THESE ARE PEOPLE THAT MAKE
00:08:14$151,000 A YEAR OR ABOVE THAT.
FOR SOME PEOPLE, THAT'S NOT A
00:08:17LOT OF MONEY.
WHY NOT LOWER THAT TAX RATE
00:08:20WHEN THAT'S NOT A BIG INCOME TO
BE AT THE TOP PERCENT?
00:08:24>> WELL, YOU KNOW, IF YOU LOOK
AT TRENDS IN INCOME AND WEALTH
00:08:27IN THIS COUNTRY AND IN OHIO THE
LAST 10, 20, 30 YEARS, REALLY
00:08:31THE, YOU KNOW, THE TOP 5%, 10%
HAS DONE PRETTY WELL.
00:08:35THE REST OF THE COUNTRY HAS
NOT.
00:08:37AND SO PART OF THE ISSUE, I
THINK, IS THE FAIRNESS OF WHO
00:08:40ARE YOU GOING TO TAX?
PLUS, AS YOU ALLUDED TO, WE'VE
00:08:44ALREADY HAD THESE CUTS.
PART OF THE ARGUMENT AROUND THE
00:08:46INCOME TAX IS DOES IT REALLY
STIFLE INNOVATION?
00:08:51DOES IT STIFLE INVESTMENT?
I LOOKED AT SOME OF THE NUMBERS
00:08:55NATIONALLY AROUND VENTURE
CAPITAL INVESTMENTS IN
00:08:59HIGH-TECH INDUSTRIES, YOU KNOW,
STATE OF CALIFORNIA, WHICH HAS
00:09:02AN INCOME TAX LEVEL AROUND 12%
TO 13% IN THAT TOP RATE, $3.8
00:09:08BILLION WAS INVESTED IN JUST
ONE QUARTER, I BELIEVE.
00:09:12OHIO'S LEVEL IS LESS THAN 5% OF
THAT.
00:09:17AND YOU CAN LOOK AT OTHER
STATES THAT HAVE AN INCOME TAX
00:09:19THAT ARE GETTING INVESTMENTS,
TOO.
00:09:21SO A LOT OF DIFFERENT THINGS GO
INTO ECONOMIC DEVELOPMENT AND
00:09:24SUCCESSFUL DEVELOPMENT.
AND I THINK THE GOVERNOR
00:09:27TOUCHED ON SOME OF THOSE IN THE
OTHER PARTS OF HIS SPEECH WHERE
00:09:30HE TALKED ABOUT EDUCATION, AND
I THINK THAT'S WHERE WE SHOULD
00:09:33BE CONCENTRATING OUR FOCUS.
>> LET ME ASK YOU, GREG.
00:09:36THIS IDEA OF INCOME INEQUALITY.
THERE WAS A REPORT OUT LAST
00:09:40MONTH THAT SAID THAT IT APPEARS
TO BE ON THE RISE IN OHIO.
00:09:42THE TOP 1%, WHICH IS AGAIN I
BELIEVE MAKING ABOUT $360,000,
00:09:49THE AVERAGE THOUGH IS OVER $1
MILLION, THAT TOP 1% SAW INCOME
00:09:52GROWTH OF 70% BETWEEN 1979 AND
2011.
00:09:56THE OTHER 99% OF OHIOANS SAW
THEIR INCOMES FALL BY 7.7%.
00:10:00FALL BY.
SO WHY -- WHY SHOULD YOU DO AN
00:10:04INCOME TAX CUT THAT WOULD
BENEFIT THESE PEOPLE WHO'VE
00:10:06ALREADY SEEN SO MUCH?
>> SEVERAL POINTS.
00:10:08FIRST OF ALL, I THINK THAT
REPORT ACTUALLY OVERSTATES THAT
00:10:12TO A CERTAIN DEGREE.
THERE'S A LOT OF NON-- THINGS
00:10:15AREN'T COUNTED IN THE INCOME
THAT'S LOOKED AT IN TERMS OF
00:10:17WHAT'S TAXABLE STUFF.
SO THERE'S A LOT OF THINGS WE
00:10:20DO WITH -- WELL, MEDICAID, WITH
FOOD STAMPS, WITH SOME OF THAT
00:10:24STUFF, THOSE AREN'T ALWAYS PUT
INTO WHAT'S THE TAXABLE INCOME.
00:10:27SO A LOT OF THAT'S TAKEN OFF.
THERE'S NOT A LOOK AT WHERE
00:10:31WE'RE TAKING EXISTING REVENUES
AND SHIFTING THAT INTO BENEFIT
00:10:34TYPE PROGRAMS AND STUFF AS
WELL.
00:10:36OBVIOUSLY, YOU KNOW, THE
DIVERGENCE AND NOBODY IS GOING
00:10:39TO DISPUTE THAT.
BUT WE NEED TO BE CAREFUL ABOUT
00:10:42HOW STARK WE DRAW THE PICTURE.
AND THE OTHER THING IS WHAT WE
00:10:44NEED TO BE TALKING ABOUT IS JOB
CREATION.
00:10:47I THINK JON MENTIONED IT.
THE JOB NUMBERS HERE IN OHIO,
00:10:50OBVIOUSLY, WE HAVE SEEN SOME
IMPROVEMENT IN THE LAST SEVERAL
00:10:53YEARS, CERTAINLY BEEN POSITIVE
JOB CREATION, YOU KNOW.
00:10:56IT'S HARD TO SAY HOW BAD THINGS
WERE BETWEEN 2000-2010 WHEN WE
00:11:01LOST CLOSE TO 600,000 PRIVATE
SECTOR JOBS.
00:11:03SO WE'RE CARVING OUT OF THE
HOLE BUT WE ARE MORE SLOWLY
00:11:08THAN WE SHOULD.
WE NEED TO TURBOCHARGE THAT.
00:11:10THE INCOME TAX, IF WE GOT RID
OF IT, IT'S NOT THE ONLY THING.
00:11:14QUITE FRANKLY, SOMETHING THAT
NOBODY'S TALKED AS MUCH ABOUT
00:11:17AS WE NEED TO IS THE FACT THAT
IT'S NOT JUST THE STATE INCOME
00:11:21TAX.
THAT'S PART OF IT.
00:11:22BUT WE HAVE LOCAL TAXES.
AND WE HAVE QUITE A COMPLICATED
00:11:25ISSUE IN TERMS OF MUNICIPAL
INCOME TAXES AND THE COUNTY
00:11:29PIGGYBACK SALES TAXES.
WE NEED TO HAVE A COMPREHENSIVE
00:11:32CONVERSATION.
THE STATE INCOME TAX IS ONE
00:11:33PIECE.
WE WOULD ARGUE IT'S AN
00:11:35IMPORTANT PIECE, BUT WE NEED TO
ALSO HAVE THESE OTHER
00:11:37CONVERSATIONS BECAUSE THOSE
ALSO WEIGH ON THE DECISIONS
00:11:40THAT ARE THERE.
SO AS YOU GET RID OF THE INCOME
00:11:43TAX AT THE STATE LEVEL, WE
STILL HAVE A BURDEN OUT THERE
00:11:46AND THERE ARE STILL MECHANISMS
FOR THE LOCAL GOVERNMENTS TO
00:11:49GET THE MONEY AND THINGS LIKE
THAT.
00:11:50SO I GUESS IN A NUTSHELL, I
THINK ALL THIS CONVERSATION ON
00:11:55INCOME INEQUALITY IS OVERBLOWN.
WE NEED TO BE TALKING ABOUT
00:11:57JOBS.
WE NEED TO BE TALKING ABOUT
00:11:59IMPROVING THE OVERALL ECONOMIC
PIE RATHER THAN DIFFIING UP THE
00:12:03SAME SIZED PIE.
>> LET ME ASK YOU ABOUT THIS
00:12:06INCOME TAX CUT THAT COULD BE
OUT THERE, AND WE HAVEN'T SEEN
00:12:09THE GOVERNOR'S PROPOSAL YET.
BUT THE ARGUMENT HAS BEEN MADE,
00:12:13POLICY MATTERS OHIO SAID 60% OF
OHIOANS WHO MAKE UNDER 54,000 A
00:12:18YEAR WOULD RECEIVE LESS THAN A
DOLLAR FOR EVERY SEVEN DOLLARS
00:12:21IN TAX CUTS.
WHY PUSH FOR SOMETHING THAT
00:12:24BENEFITS SO FEW IN THE GRAND
SCHEME OF THINGS?
00:12:26>> I ALSO THINK THAT -- I WAS
TALKING WITH THE NFIB, NATIONAL
00:12:31FEDERATION OF INDEPENDENT
BUSINESS, AND ABOUT THREE
00:12:33QUARTERS OF THEIR MEMBERS ARE
DACKS -- THEY'RE BASICALLY A
00:12:39TAXED INCOME LEVEL AND NOT
PAYING OTHER TYPES OF BUSINESS
00:12:42TAXES THAT WE WOULD THINK OF AS
COMMON BUSINESS TAXES.
00:12:46THE INCOME TAX IS A BUSINESS
TAX AND THAT DOES HAVE AN
00:12:50IMPACT ON SMALLER BUSINESSES
AND I THINK THAT WE NEED TO
00:12:52CONSIDER THAT WHEN WE TALK
ABOUT WHO'S WEALTHY AND WHO'S
00:12:55NOT WEALTHY AND WHEN YOU'RE
TAXED AT THAT, YOU'RE SPENDING
00:12:59MONEY ON DIFFERENT THINGS WHEN
YOU'RE A SMALL BUSINESS AS
00:13:01WELL.
SO LET'S BE CAREFUL ABOUT WHEN
00:13:03WE LUMP ALL OF THIS STUFF
TOGETHER, WE'RE NOT ALL TALKING
00:13:08ABOUT WARREN BUFFETT OR BILL
GATES.
00:13:11WE'RE TALKING ABOUT OTHER TYPES
OF PEOPLE AS WELL WHO MAY NOT
00:13:14CREATE 50 OR 60 JOBS AT ONE
POP, BUT MAYBE THEY CREATE FOUR
00:13:18OR FIVE JOBS.
I THINK THAT'S THE KIND OF
00:13:21STUFF THAT GETTING RID OF THE
INCOME TAX BEGINS TO MOVE US
00:13:24TOWARDS BEING ABLE TO GET AT.
>> JON, I WANT TO ASK YOU ABOUT
00:13:28ANOTHER THING THE GOVERNOR
SAID.
00:13:30$12 BILLION IN INCOME HAS LEFT
THE STATE FOR STATES WITH LOWER
00:13:33INCOME TAXES SINCE 1995.
THAT MONEY THAT COULD BE USED
00:13:36IN A LOT OF WAYS FOR A LOT OF
DIFFERENT PROGRAMS, POSSIBLY
00:13:40CREATE A LOT OF JOBS.
WHY NOT LOWER THAT TAX RATE AND
00:13:44TRY TO CAPTURE SOME OF THAT
MONEY AND SHUT THE DOOR ON IT?
00:13:47>> YEAH, I THINK, YOU KNOW, HE
WAS ALLUDING TO, YOU KNOW,
00:13:51MIGRATION AND THAT'S A
COMPLICATED ISSUE.
00:13:54I THINK THERE ARE A LOT OF
SOUTHERN STATES THAT OHIOANS
00:13:56HAVE MOVED TO THAT DO -- NORTH
CAROLINA, MOST OF THE SOUTHERN
00:14:01STATES ACTUALLY DO HAVE AN
INCOME TAX.
00:14:04PEOPLE TROT OUT THE EXAMPLES OF
FLORIDA AND TEXAS AS NOT HAVING
00:14:09THAT.
OHIOANS ALSO MOVE TO OTHER
00:14:10STATES IN THE MIDWEST.
THERE ARE 41 STATES THAT HAVE
00:14:13AN INCOME TAX.
IT'S VERY HARD TO RUN A STATE
00:14:15WITHOUT AN INCOME TAX.
AND GREG ALLUDED TO THE ISSUE
00:14:19OF OUR COMPLICATED STRUCTURE AT
THE LOCAL LEVEL OF CITY INCOME
00:14:23TAXES AND PROPERTY TAXES.
I THINK LARGE PART OF WHAT'S
00:14:26GOING ON NOW IS YOU SEE THE
STATE MAYBE PULL BACK OR
00:14:29HESITATE TO INVEST IN CERTAIN
AREAS IS THAT THE BURDEN SHIFTS
00:14:32TO, YOU KNOW, THE LOCAL --
LOCAL PROPERTY TAX OWNERS OR
00:14:37LOCAL LEVIES TO FIGURE OUT DO
WE WANT TO FUND SCHOOLS?
00:14:41WE WANT TO FUND CITY OPERATIONS
OR THE COUNTIES WOULD HAVE TO
00:14:43-- ARE RAISING THEIR SALES TAX
RATES.
00:14:46AND WE AGREE.
WE DO NEED TO TAKE A
00:14:48COMPREHENSIVE LOOK AT THAT, BUT
I THINK WHAT WE'RE DOING RIGHT
00:14:50NOW, BY RUSHING INTO MORE TAX
CUTS AFTER JUST PASSING A
00:14:55BUDGET LAST YEAR THAT HAD
INCOME TAX CUTS AND A SMALL
00:14:59BUSINESS DEDUCTION OF 50% OF
INCOME, WHICH WAS HUGE, SO
00:15:02THAT'S ALREADY ON THE BOOKS,
WE'RE RUSHING INTO THAT AND
00:15:05PROBABLY OPENING THE DOOR FOR
MORE INEQUALITY OF KIDS WHO ARE
00:15:11NOT GETTING AN EQUAL EDUCATION
DEPENDING ON WHERE THEY LIVE
00:15:15BECAUSE SCHOOLS ARE NOT BEING
FUNDED ADEQUATELY.
00:15:18SOCIAL SERVICES ARE NOT BEING
FUNDED ADEQUATELY IN CERTAIN
00:15:21PLACES BECAUSE THEY LACK THE
TAX CAPACITY AND THEY'RE FORCED
00:15:27TO MAKE SOME DIFFICULT
DECISIONS.
00:15:28>> AT WHAT POINT DO YOU SAY
THAT CUTTING TAXES, ESPECIALLY
00:15:32STATE INCOME TAX, ISN'T WORKING
TO CREATE JOBS OR TO DO WHAT
00:15:36NEEDS TO BE DONE, THE BURDEN IS
GETTING SHIFTED SOMEWHERE ELSE?
00:15:39AT WHAT POINT DO YOU SAY THIS
IDEA, THIS IDEA ISN'T WORKING?
00:15:47>> WELL, I WOULD SAY IF YOU
LOOK AT -- THERE'S A NUMBER OF
00:15:50DIFFERENT REPORTS THAT LOOK AT
WHAT'S HAPPENED TO STATES AFTER
00:15:52THEY INTRODUCED INCOME TAXES.
AND TYPICALLY STATES AFTER
00:15:55THEY'VE INTRODUCED THE INCOME
TAXES HAVE SEEN THEIR STATE
00:15:59G.D.P. GROWTH GO DOWN AND THEIR
SHARE OF NATIONAL COMPONENT
00:16:03G.D.P. GO DOWN.
SO I THINK THE INCOME TAX HAS
00:16:06HISTORICALLY BEEN A PROBLEM.
WE'VE HAD THE INCOME TAX SINCE
00:16:09THE 1970'S, AND IF YOU LOOK AT
THINGS, OHIO'S HAD A BAD
00:16:13ECONOMY FOR A LONG TIME.
I MEAN, I TROT THIS OUT A LOT
00:16:16BECAUSE I THINK IT REALLY --
WE'VE LOST A THIRD OF OUR
00:16:21CONGRESSIONAL REPUTATION SINCE
THE 1960'S.
00:16:23WE HAD 24 CONGRESSIONAL SEATS.
WE ARE NOT KEEPING PARKSE AND
00:16:26WE HAVEN'T BEEN KEEPING PACE
FOR DECADES.
00:16:28THIS ISN'T ABOUT GOVERNOR
KASICH OR TAFT OR ANYTHING
00:16:31ELSE.
THIS IS GOING BACK TO EVEN
00:16:33BEFORE JIM RHODES AND GILLIGAN.
WE'RE TALKING ABOUT A LONG-TERM
00:16:38SYSTEMIC PROBLEM AND THE INCOME
TAX CAME IN THE EARLY 1970'S
00:16:42AND IT WAS BEGINNING OF --
THERE'S OTHER THINGS THAT WE
00:16:44THINK ARE PROBLEMATIC, TOO.
I THINK WE GOT TO GET BACK TO A
00:16:47STATUS QUO AND WE ALSO HAVE TO
DEAL WITH OTHER TYPES OF
00:16:50POLICIES.
NOBODY IS GOING TO SAY THAT THE
00:16:52INCOME TAX IS ITSELF ENOUGH TO
GET OHIO GOING.
00:16:55BUT IT IS ONE KEY STEP TO
GETTING US BACK ON A PLAYING
00:16:59FIELD.
AND WE LOOK AT FLORIDA, A LOT
00:17:02OF PEOPLE DO TROT OUT FLORIDA
AND TEXAS.
00:17:04THERE'S A REASON WE LOOK AT
TEXAS OUT.
00:17:06YOU LOOK AT THE JOB NUMBERS IN
TEXAS, IT'S AMAZING.
00:17:08THEY HAVE ENERGY RESOURCES.
BUT THEY'RE A RIGHT TO WORK
00:17:11STATE.
THEY HAVE NO INCOME TAX.
00:17:13THEY HAVE A FRIENDLY REGULATORY
POLICY THAT INSENT VISES PEOPLE
00:17:18TO COME TO THE STATE.
THAT'S WHAT THE GOVERNOR IS
00:17:20TRYING TO DO.
HE HASN'T COME OUT ON CERTAIN
00:17:22OTHER ISSUES HERE, BUT ON THESE
HE'S TRYING TO RECREATE THINGS
00:17:28WE SEE HAVE A PROVEN TRACK
RECORD IN TERMS OF JOB
00:17:31CREATION.
AND FOR A STATE THAT LOST
00:17:35ALTHOUGH PRIVATE SECTOR JOBS
BETWEEN 2000 AND 2010, WE NEED
00:17:39JOBS.
WE NEED TO START TALKING ABOUT
00:17:40JOBS SO THAT PEOPLE CAN
ACTUALLY GET INCOME THEIR
00:17:42POCKETS IN THE FIRST PLACE
RATHER THAN NEVER EVEN HAVING A
00:17:44CHANCE TO GET MONEY AT ALL.
>> JON, LET ME TURN THAT
00:17:48QUESTION BACK TO YOU.
AT WHAT POINT DO YOU SAY INCOME
00:17:50TAX CUTS WORK?
THEY'RE DOING WHAT THEY'RE
00:17:53SUPPOSED TO BE DOING?
>> WELL, I'VE YET TO SEE IT.
00:17:56I MEAN, I TALKED TO YOU ABOUT
THE JOB NUMBERS, WE'RE DOWN
00:18:007.5% IN OUR JOB NUMBERS SINCE
2000.
00:18:02WE'RE LAGGING THE NATIONAL
ECONOMY OVER THE LAST YEAR.
00:18:07OUR UNEMPLOYMENT HAS GROWN
ABOUT .4% AND THE NATIONAL
00:18:12ECONOMY IS UP 1.5%.
NOT GREAT NUMBERS, BUT --
00:18:16>> THE STATE'S INCOME TAX SEEMS
TO HAVE WORKED?
00:18:20>> FLORIDA IS NOT DOING TOO
WELL.
00:18:23WE TALK ABOUT NEVADA WAS
TROTTED OUT AS A HIGH FLYER
00:18:26BEFORE THE RECESSION, HAD A BIG
HOUSING BOOMING AND THEY JUST
00:18:30CRASHED.
AND IT'S PRETTY CLEAR THAT IT
00:18:32WAS THE CASINO ECONOMY THERE
DRIVING THINGS.
00:18:36IT WASN'T THE PRESENCE OR
ABSENCE OF AN INCOME TAX PER
00:18:40SE.
I MEAN F. WE HAD THE OIL
00:18:42RESOURCES THAT TEXAS HAD, YOU
KNOW, WE'D BE IN GREAT SHAPE.
00:18:46IF YOU LOOK AT A STATE LIKE
NORTH DAKOTA, WHICH ACTUALLY
00:18:49HAS BEEN LOSING POPULATION FOR
DECADES UNTIL RECENTLY, BUT NOW
00:18:54THEY'VE GOT AN OIL BOOM, ALONG
WITH AN INCOME TAX.
00:18:57AND I MIGHT ADD A MUCH HIGHER
SEVERANCE TAX THAN WE HAVE, OK?
00:19:01YOU KNOW, THE OIL IS THERE, AND
THE COMPANIES ARE GOING TO GO
00:19:04TAKE IT OUT OF THE GROUND.
AND SO THEY'VE GOT ONE OF THE
00:19:07LOWEST UNEMPLOYMENT RATES IN
THE COUNTRY UP THERE RIGHT NOW,
00:19:09EVEN THOUGH IT'S -- IT'S HARD
TO GET TO AND NO ONE REALLY
00:19:13WANTS TO LIVE THERE, I THINK.
IT'S COLD.
00:19:15YOU KNOW, BUT THE INCOME TAX IS
NOT AN IMPEDIMENT TO THEM.
00:19:19LOOK AROUND THE MIDWEST.
YOU KNOW, MINNESOTA
00:19:22HISTORICALLY HAS DONE BETTER
THAN OHIO FOR 20, 30 YEARS.
00:19:25YOU KNOW, MUCH COLDER CLIMATE.
INCOME TAX RATES THEY'RE NOW
00:19:30HIGHER THAN OURS.
I MEAN, I THINK THE DISCUSSION
00:19:33NEEDS TO BE AROUND EDUCATION
AND WORK FORCE DEVELOPMENT AND
00:19:37SKILLS.
AND THAT'S WHERE I THINK THE
00:19:39GOVERNOR WAS GOING IN PART OF
HIS SPEECH, AND I COMMEND HIM
00:19:41FOR THAT.
YOU KNOW, BUT I THINK WE NEED
00:19:43TO SEE INVESTMENT IN THOSE
AREAS FOR OHIO TO REALLY GROW
00:19:46LIKE IT SHOULD.
>> I WANT TO ASK YOU ABOUT NA.
00:19:49THE GOVERNOR TALKED ABOUT THIS
PROGRAM TO SPEND $10 MILLION IN
00:19:53CASINO LICENSING FEES ON A
MENTORING OUTREACH TO AT-RISK
00:19:56HIGH SCHOOL STUDENTS.
THERE'S ALSO THE MONEY HE
00:19:58WANTED TO SPEND FOR TOBACCO
SETTLEMENT MONEY ON HELPING
00:20:02SMOKERS QUIT.
AND HE TALKED IN VAGUE TERMS
00:20:04ABOUT PROGRAMS TO HELP PEOPLE
IN POVERTY AND MINORITY
00:20:07COMMUNITIES.
WHAT DID YOU THINK OF SOME OF
00:20:11THE OTHER PROPOSALS THE
GOVERNOR TALKED ABOUT?
00:20:13>> I THINK IT WAS -- I THINK
THE DIRECTION HE WAS GOING WAS
00:20:17GOOD.
HE TALKED ABOUT, I THINK, A
00:20:20MILLION PEOPLE WHO HAD DROPPED
OUT OF HIGH SCHOOL.
00:20:22AND THAT'S WHERE THE FOCUS
SHOULD BE.
00:20:23YOU KNOW, IT'S HARD TO ATTRACT,
YOU KNOW, A HIGH-TECH
00:20:27INVESTMENT TO THE STATE OF OHIO
WHEN YOU HAVE, YOU KNOW, A WORK
00:20:29FORCE THAT MAY NOT BE AS HIGHLY
SKILLED AS OTHER PLACES.
00:20:43NOW, AS HE SAID, WE'RE LACKING
IN SOME DETAILS.
00:20:45I KNOW THE GOVERNOR'S CREATED
AN OFFICE OF WORK FORCE
00:20:46TRANSFORMATION TO LOOK AT THE
STATE'S VARIOUS WORK FORCE
00:20:47PROGRAMS AND A COMPLICATED
ARRAY OF FEDERAL AND STATE
00:20:49FUNDING GOING IN THERE.
THAT NEEDS TO BE SORTED OUT.
00:20:50BUT I THINK AT THE END OF THE
DAY, WE NEED TO MAKE IT MORE OF
00:20:52AN INVESTMENT IN SOME OF THESE
LOW-SKILLED ADULTS.
00:20:55THERE IS AN INTERESTING
INTERNATIONAL SURVEY DONE
00:20:58WITHIN THE LAST YEAR THAT
RANKED THE UNITED STATES
00:21:00AGAINST MANY OF OUR
INTERNATIONAL COMPETITORS,
00:21:04ADVANCED COUNTRIES AND LITERACY
AND BASIC SKILLS, YOU KNOW, WE
00:21:09WERE BELOW AVERAGE AS A
COUNTRY.
00:21:10NOT JUST OHIO.
BUT WE WERE BELOW AVERAGE AS A
00:21:13COUNTRY.
WE ARE HAVING TO COMPETE WITH,
00:21:16YOU KNOW, COUNTRIES THAT ARE
GOING TO KNOCK OUR SOCKS OFF IF
00:21:18WE DON'T GET BETTER IN TERMS OF
THE SKILLS OF OUR WORK FORCE.
00:21:22>> TO BE HONEST, I PRETTY MUCH
CONCUR WITH WHAT JON SAID.
00:21:26I THINK THERE IS A LOT TO BE
SAID ABOUT THE WORK FORCE
00:21:29DEVELOPMENT AND BEING ABLE TO
MAKE THOSE KIND OF CONNECTIONS.
00:21:31IF YOU DON'T HAVE A SKILLED
WORK FORCE, YOU'RE GOING NO
00:21:34HAVE A PROBLEM BECAUSE AS JON
PRETTY MUCH ALLUDED TO, I WAS
00:21:37KIND OF LIKE TO SAY IT THIS
WAY, WE'RE NOT COMPETING NEXT
00:21:40DOOR WITH INDIANA.
WE'RE COMPETING WITH INDIA.
00:21:43WE'RE COMPETING, EVERYBODY
KNOWS CHINA.
00:21:45BUT THESE ARE REAL ISSUES.
AND WE DO HAVE A DEFICIT THERE
00:21:48AND WE HAVE A PROBLEM.
THE GOVERNOR DESERVES A LOT OF
00:21:51CREDIT FOR LOOKING AT.
THAT THE COMMUNICATE CONNECTORS
00:21:54IS WHAT IT'S CALLED, WITH THE
CASINO PORTION OF THE MONEY
00:21:57THAT WAS THE LICENSING FEE,
IT'S NOT TAX MONEY.
00:22:00IT'S NOT G.R.F.
THEY'VE ALREADY PUT THAT MONEY
00:22:03TOWARDS WORK FORCE DEVELOPMENT.
THIS IS SUPPOSED TO BE TIED
00:22:06TOWARDS HAVING MENTORS TO HELP
PEOPLE GET INTO THAT.
00:22:11COMMUNITY RESOURCES, IT MAKES
AN AWFUL LOT OF SENSE.
00:22:14FAITH-BASED COMMUNITY WOULD BE
INVOLVED IN THAT AS WELL.
00:22:16I THINK THERE'S A LOT OF THINGS
THAT ARE VERY POSITIVE IN THAT
00:22:19BECAUSE YOU'RE RIGHTED, YOU
KNOW, WE HAVE THOUSANDS OF THE
00:22:21CHILDREN DROPPING OUT OF
SCHOOL.
00:22:23WE HAVE ADULTS THAT HAVE
DROPPED OUT, THE MILLION
00:22:27NUMBER.
THAT'S A TRAVESTY.
00:22:28AND, YOU KNOW, WE'VE LOST ALL
THESE JOBS.
00:22:31BUT THERE ARE STILL JOBS OUT
THERE.
00:22:33THAT CAN'T BE FILLED.
AND YOU KNOW, YOU GET SOME SOME
00:22:36OF THE MENTAL HEALTH AND THE
DRUG ADDICTION ISSUES THAT THE
00:22:39GOVERNOR ALSO HAS SPOKEN ABOUT
AND DEALT WITH, THAT'S A
00:22:41PROBLEM, TOO.
YOU KNOW, I'VE GONE AROUND TO
00:22:45LOCAL CHAMBERS OF COMMERCE, YOU
HAVE BUSINESS ROUNDTABLE
00:22:48CONVERSATIONS, IT'S INTERESTING
HOW IN VARIOUS PARTS OF THE
00:22:50STATE YOU HEAR A FAIRLY COMMON
THEME WHICH IS WE HAVE A HARD
00:22:53TIME SOMETIMES FINDING PEOPLE
WHO CAN ACTUALLY PASS A DRUG
00:22:57TEST.
I MEAN, IT SOUNDS KIND OF
00:22:58CRAZY.
YOU WOULDN'T THINK THAT.
00:23:00AND I DIDN'T THINK THAT.
BUT I'VE HEARD IT MULTIPLE
00:23:03TIMES FROM MULTIPLE DIFFERENT
BUSINESSES IN MULTIPLE SECTIONS
00:23:07OF THE STATE.
THINGS WE CAN DO TO ADDRESS
00:23:09THAT, THOSE ARE WISE
INVESTMENTS IN TERMS OF THAT.
00:23:13AND I THINK THE GOVERNOR IS
MAKING HEADWAY IN THAT.
00:23:16>> AND FINALLY, ANYTHING YOU
DIDN'T HEAR THAT MAYBE YOU
00:23:20MIGHT THINK WOULD COME UP IN
THE M.B.R. THAT MAYBE WILL COME
00:23:24OUT NEXT WEEK?
ANYTHING THAT YOU'D LIKE TO
00:23:26HEAR ABOUT OR A PREVIEW OF?
>> I THINK THE GOVERNOR, I
00:23:30THINK HE MIGHT HAVE SAID A FEW
THINGS ABOUT HIGHER EDUCATION.
00:23:32THERE'S POSITIVE DEVELOPMENTS
THERE.
00:23:35HE DIDN'T SPECIFICALLY TALK
ABOUT WHAT WE ASSUMED THAT
00:23:37THERE'S GOING TO BE AN ISSUE
WITH THE SEVERANCE TAX IN
00:23:40THERE, I DON'T THINK THERE'S
ANY MYSTERY THAT IT WILL BE IN
00:23:42THERE, WHAT THE RATE S. HOW
IT'S GOING TO BE DONE.
00:23:44I THINK THAT'S SOMETHING THAT
IS GOING TO BE A VERY
00:23:47INTERESTING DEBATE.
IT'S BEEN AN INTERESTING DEBATE
00:23:49FOR THE LAST TWO YEARS.
GOING TO BE VERY CURIOUS ABOUT
00:23:52THAT.
AND I'M CURIOUS ABOUT
00:23:55ADDITIONAL REFORMS ABOUT
MEDICAID.
00:23:57WE WERE NEVER IN FAVOR OF THE
MEDICAID EXPANSION.
00:24:01BUT NOW WE HAVE TO BEND THE
COST CURVE DOWN.
00:24:04WE NEED TO BE VERY AGGRESSIVE
ON THAT AS TIME GOES FORWARD.
00:24:08>> YEAH, I THINK ONE ISSUE THAT
WASN'T THERE THAT PROBABLY IS
00:24:11GOING TO BE ON THE AGENDA IS
PRESCHOOL EDUCATION.
00:24:13I THINK WE KNOW IN THE SPRING
THAT THE KIDS AROUND OHIO ARE
00:24:16GOING TO BE TAKING THE THIRD
GRADE READING GUARANTEE, AND
00:24:20UNFORTUNATELY, WE'RE GOING TO
SEE A LOT OF DISTRICTS HAVE A
00:24:23SIZABLE PROPORTION OF THEIR
STUDENT POPULATION THAT WILL
00:24:25NOT PASS.
THEY'LL HAVE A SECOND CHANCE IN
00:24:27THE SUMMER.
BUT PART OF THE ANSWER, I
00:24:30THINK, IS I TALKED WITH PEOPLE
AROUND CAPITAL SQUARE, A LOT OF
00:24:33INTEREST IN THE STATE MAKING A
RENEWED INVESTMENT IN PRESCHOOL
00:24:38EDUCATION TO TRY TO GET
PARTICULARLY LOW-INCOME KIDS
00:24:41READY TO GO TO SCHOOL.
YOU KNOW, YEARS AGO WE HAD A
00:24:47SIZABLE STATE INVESTMENT IN
THAT AREA, THAT HAS SINCE, YOU
00:24:51KNOW, DWINDLED SUBSTANTIALLY.
BUT I THINK THERE IS SOME
00:24:54BIPARTISAN INTEREST IN GOING
BACK IN THAT DIRECTION.
00:24:56AND I THINK THAT'S A HEALTHY
WAY TO GO.
00:24:59BUT YOU CAN'T DO THAT AND HAVE
SIZABLE TAX CUTS, SO I THINK --
00:25:02AND SAME THING WITH THE OPIATE
ADDICTION, YOU KNOW, THE DRUG
00:25:07ADDICTION ISSUE THAT GREG
ALLUDED TO.
00:25:09OUR STATE INVESTS VERY LITTLE
MONEY IN THAT AREA EVEN THOUGH
00:25:12WE KNOW IT'S A HUGE STATEWIDE
PROBLEM.
00:25:15AGAIN, THE ISSUE FOR THE
LEGISLATORS WILL BE, ARE WE
00:25:17GOING TO INVEST IN TREATMENT,
IN RECOVERY HOUSING OR DO WE
00:25:21WANT A TAX CUT?
AND I'M IN FAVOR OF INVESTING
00:25:24IN THE HUMAN SERVICES, SO
HOPEFULLY ET GOES THAT
00:25:27DIRECTION.
>> ALL RIGHT.
00:25:28JON HONECK AND GREG LAWSON,
THANK YOU VERY MUCH FOR BEING
00:25:30HERE.
AND THAT'S IT FOR THIS WEEK.
00:25:33FOR MY COLLEAGUES AT OHIO
PUBLIC RADIO AND TELEVISION,
00:25:35THANKS FOR WATCHING.
IF YOU'D LIKE TO ASK QUESTIONS,
00:25:38MAKE COMMENTS, OR WATCH THIS
WEEK'S SHOW OR EARLIER
00:25:39EPISODES, PLEASE VISIT OUR
WEBSITE AT STATENEWS.ORG, OR
00:25:41WATCH ON THE OHIO CHANNEL'S
WEBSITE.
00:25:44AND YOU CAN FOLLOW JO INGLES,
ANDY CHOW AND ME ON TWITTER.
00:25:47AND PLEASE JOIN US AGAIN NEXT
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Note : Transcripts are compiled from uncorrected captions