00:00:01 | >> SUPPORT FOR THE STATEWIDE BROADCAST OF THE STATE OF OHIO |
00:00:06 | COMES FROM THE LAW OFFICES OF -- HELPING BUSINESSES AND |
00:00:12 | INDIVIDUALS SOLVE COMPLEX LEGAL ISSUES THROTTLE IN AND AROUND |
00:00:17 | THE WORLD. AND FROM THE ALLIANCE EDUCATION |
00:00:24 | ASSOCIATION, REPRESENTING TEACHERS, SUPPORT PROFESSIONALS, |
00:00:28 | AND HIGHER EDUCATION FACULTY WORKING FOR GREAT PUBLIC SCHOOLS |
00:00:30 | FOR EVERY CHILD. ADDITIONAL SUPPORT FOR THE STATE |
00:00:35 | OF OHIO IS MADE BY -- >> FOR THE FIRST TIME IN A |
00:00:41 | CENTURY, A STATE LAWMAKER IS HAULED AWAY ON FELONY BRIBERY |
00:00:43 | CHARGES. THE STATE TREASURER STARTS HIS |
00:00:45 | GOP SENATE CAMPAIGN WITH A BIG NAME ALONGSIDE HIM. |
00:00:46 | AND GOVERNOR KASICH UNVEILS A HUGE PACKAGE OF CHANGES AND |
00:00:51 | REFORMS ON TAXES, EDUCATION, ENERGY AND OTHER STATE AND |
00:00:55 | LOCAL GOVERNMENT ISSUES. WE'LL TAKE UP ONE OF THEM, THE |
00:00:58 | TAX ON OIL AND GAS DRILLERS TO FUND AN INCOME TAX CUT, WITH A |
00:01:02 | PROGRESSIVE THINK TANK AND A REPUBLICAN BUDGET EXPERT. |
00:01:05 | ALL THIS WEEK IN "THE STATE OF OHIO." |
00:01:08 | >> A STATE LAWMAKER COULD FACE FOUR AND A HALF YEARS IN PRISON |
00:01:19 | IF HE'S CONVICTED ON BRIBERY, ELECTION FALSIFICATION AND |
00:01:21 | FILING A FALSE ETHICS STATEMENT. W. CARLTON WEDDINGTON, A |
00:01:23 | DEMOCRAT OF COLUMBUS, RESIGNED HIS SEAT IN THE OHIO HOUSE AS |
00:01:26 | HE TURNED HIMSELF IN A FEW HOURS AFTER FRANKLIN COUNTY |
00:01:28 | PROSECUTOR RON O'BRIEN ANNOUNCED THE CHARGES. |
00:01:31 | INVESTIGATORS SAY THE SECOND- TERM DEMOCRAT TOOK BRIBES OF |
00:01:36 | CHECKS, CASH AND ALL-EXPENSE PAID TRIPS TO SOUTH BEACH, |
00:01:40 | MIAMI, AND NAPA VALLEY, CALIF., IN 2011 FROM A PHONY BUSINESS |
00:01:44 | ENTITY SET UP BY THE FBI. THEY FURTHER ALLEGE HE FAILED |
00:01:47 | TO REPORT THE TRIPS AND GIFTS ON REQUIRED ETHICS AND CAMPAIGN |
00:01:55 | FINANCE FILINGS. THE FELONY BRIBERY CHARGE IS |
00:01:57 | THE FIRST AGAINST A STATE LAWMAKER IN OHIO SINCE 1912. |
00:02:00 | TREASURER JOSH MANDEL IS WASTING NO TIME IN MAKING THE |
00:02:05 | MOST OF HIS NEW STATUS AS THE REPUBLICAN PARTY'S NOMINEE FOR |
00:02:08 | U.S. SENATE THIS FALL. HE CAMPAIGNED IN DAYTON THE DAY |
00:02:13 | BEFORE PRESIDENT OBAMA BROUGHT THE BRITISH PRIME MINISTER TO |
00:02:16 | THAT CITY FOR AN NCAA TOURNAMENT BASKETBALL GAME. |
00:02:19 | AND MANDEL SHARED HIS STAGE WITH US SENATOR MARCO RUBIO, A |
00:02:24 | REPUBLICAN PARTY RISING STAR WHO MANY PUNDITS HAVE ON THEIR |
00:02:27 | SHORT LISTS AS A POSSIBLE CANDIDATE FOR VICE PRESIDENT. |
00:02:30 | MEANWHILE, MANDEL IS TAKING SOME HEAT FOR TRAVELING TO THE |
00:02:35 | ATLANTIS RESORT ON PARADISE ISLAND IN THE BAHAMAS LAST WEEK |
00:02:38 | TO RAISE MONEY FROM A PAYDAY LENDERS' GROUP. |
00:02:41 | MANDEL FACES INCUMBENT DEMOCRAT SHERROD BROWN THIS FALL IN A |
00:02:44 | RACE THAT'S LIKELY TO BE AMONG THE MOST BITTER AND EXPENSIVE |
00:02:47 | IN THE NATION. A PROPOSAL TO REGULATE |
00:02:51 | OWNERSHIP OF EXOTIC ANIMALS IN OHIO GOT ITS FIRST HEARING THIS |
00:02:52 | WEEK. EFFORTS TO STRENGTHEN THE |
00:02:56 | STATE'S LAW TOOK ON NEW URGENCY IN OCTOBER WHEN AUTHORITIES |
00:02:58 | WERE FORCED TO KILL 48 WILD ANIMALS, INCLUDING ENDANGERED |
00:03:03 | BENGAL TIGERS, AFTER THEIR SUICIDAL OWNER FREED THEM FROM |
00:03:07 | HIS FARM NEAR ZANESVILLE. REPUBLICAN STATE SENATOR TROY |
00:03:12 | BALDERSON OF ZANESVILLE HAS INTRODUCED A BILL THAT ALL BUT |
00:03:16 | BANS NEW OWNERSHIP OF EXOTIC ANIMALS IN THE STATE, AND |
00:03:20 | REQUIRES CURRENT OWNERS OF LARGE ANIMALS TO MEET STRICT |
00:03:23 | CARETAKING STANDARDS BEGINNING IN 2014. |
00:03:24 | OWNERS ALSO WOULD HAVE TO PASS A BACKGROUND CHECK NEEDED UNDER |
00:03:30 | HIS BILL TO ACQUIRE A PERMIT FOR THE ANIMALS. |
00:03:32 | AND A STATE SENATE PANEL IS ADVISING THE LEGISLATURE TO |
00:03:36 | DESIGNATE MARCH 30 TO CELEBRATE AN ANNUAL VIETNAM VETERANS |
00:03:41 | MEMORIAL DAY IN OHIO. AMONG THOSE PUSHING FOR THIS |
00:03:44 | DAY TO HONOR VIETNAM VETERANS IS THE DIRECTOR OF THE STATE'S |
00:03:46 | VETERANS SERVICES AGENCY, RETIRED AIR FORCE COLONEL TOM |
00:03:49 | MOE, WHO IS A FORMER A VIETNAM PRISONER OF WAR. |
00:03:53 | A YEAR AFTER UNVEILING HIS FIRST BUDGET, GOVERNOR KASICH |
00:03:58 | MARKED THE ANNIVERSARY THIS WEEK WITH WHAT HE CALLED A "MID- |
00:04:01 | BIENNIUM REVIEW", WHERE HE RELEASED A HUGE PACKAGE OF TAX |
00:04:04 | AND OTHER POLICY CHANGES AND REFORMS IN AREAS SUCH AS ENERGY, |
00:04:07 | EDUCATION AND WORKFORCE DEVELOPMENT, MEDICAID AND STATE |
00:04:11 | AND LOCAL GOVERNMENTS. IT WAS THE KIND OF SPEECH MANY |
00:04:14 | PEOPLE WOULD EXPECT FROM A STATE OF THE STATE ADDRESS. BUT |
00:04:16 | ONCE AGAIN, AS HE DID WITH HIS BUDGET ANNOUNCEMENT LAST YEAR, |
00:04:20 | THE GOVERNOR OFFERED THE PODIUM TO HIS CABINET MEMBERS TO |
00:04:23 | DISCUSS SPECIFICS OF THE CHANGES AND PROPOSALS HE'LL LAUNCH IN A |
00:04:27 | HUGE BILL THAT HE SAYS IS PART OF AN ONGOING PROCESS. |
00:04:30 | >> FRANKLY, EVERY TIME I TURN AROUND, I FIND ANOTHER PIECE OF |
00:04:42 | BROKEN AWAY A. THERE IS SO MUCH TO DO. |
00:04:45 | SO MANY THINGS TO DO. THE BILL WE WILL BE PRESENTING |
00:04:51 | THE LEGISLATURE, AS SOON AS IT IS DRAFTED UP, WILL PROBABLY BE |
00:04:55 | IN THE VICINITY OF 2000 PAGES. AND IT REPRESENTS, YOU KNOW, |
00:05:01 | REALLY A FIRST RUN -- I SHOULD NOT SAY FIRST-RUN. |
00:05:05 | MAYBE SECOND RUN AT TRYING TO IMPROVE THE OVERALL OPERATION OF |
00:05:10 | THE STATE OF OHIO GOVERNMENT. THERE WILL BE $90 MILLION WORTH |
00:05:15 | OF ADDITIONAL SAVINGS IN THIS BILL. |
00:05:19 | BUT THE DEATH OF THIS BILL INVOLVES EVERYTHING FROM ENERGY |
00:05:23 | POLICY -- THE DEPTH THIS BILL INVOLVES EVERYTHING FROM ENERGY |
00:05:31 | POLICY TO DEVELOPMENTAL PROGRAMS. |
00:05:34 | IT IS, I THINK, AN EXCITING TIME. |
00:05:37 | >> AMONG THE HIGHLIGHTS, THE GOVERNOR IS PROPOSING: |
00:05:39 | HIKING IN THE TAX ON OIL AND NATURAL GAS DRILLERS THAT WILL |
00:05:41 | BE USED TO FINANCE AN INCOME TAX CUT THAT COULD APPROACH 5% IN |
00:05:44 | FIVE YEARS, COULD TOTAL $1 BILLION |
00:05:45 | REPLACING THE TWO-PRONGED TAX SYSTEM FOR FINANCIAL |
00:05:50 | INSTITUTIONS WITH A SINGLE "FINANCIAL INSTITUTIONS TAX" |
00:05:55 | WHICH COULD REDUCE TAXES UP TO 39% FOR SMALL BANKS, CLOSE |
00:05:57 | LOOPHOLES BIG BANKS ARE USING THAT COST TAXPAYERS $30 MILLION |
00:06:02 | A YEAR BUILDING A COMPREHENSIVE ENERGY |
00:06:05 | POLICY RESTING ON 10 PILLARS THAT INCLUDE SHALE, |
00:06:08 | COGENERATION/WASTE HEAT RECOVERY, CNG/ALTERNATIVE |
00:06:11 | FUELS, COAL AND RENEWABLES PROVIDING AN ONLINE |
00:06:16 | CLEARINGHOUSE OF INFORMATION, SAMPLE MATERIALS AND TOOLS FOR |
00:06:19 | LOCAL GOVERNMENTS TO USE IN SHARING SERVICES. |
00:06:22 | CREATING A "THIRD GRADE READING GUARANTEE" -- IF STUDENTS CAN'T |
00:06:26 | READ AT THE THIRD GRADE LEVEL, THEY WON'T BE PROMOTED TO |
00:06:30 | FOURTH GRADE. ALLOCATING IN THE CAPITAL |
00:06:33 | IMPROVEMENTS BUDGET $400 MILLION TO A COLLABORATIVE PLAN |
00:06:35 | PUT TOGETHER BY OHIO'S UNIVERSITIES AS A GROUP. |
00:06:38 | BUT FOR MOST PEOPLE, THE BIGGEST PIECE IN THIS HUGE |
00:06:43 | PACKAGE IS THE INCOME TAX CUT FUNDED BY THE INCREASED TAX ON |
00:06:45 | DRILLERS. HERE TO TALK THAT ARE DALE |
00:06:49 | BUTLAND, VETERAN OF MANY DEMOCRATIC POLITICAL AND CAUSE |
00:06:52 | CAMPAIGNS AND NOW THE COMMUNICATIONS DIRECTOR OF THE |
00:06:55 | THINK TANK INNOVATION OHIO, AND NEIL CLARK, THE FORMER BUDGET |
00:06:59 | DIRECTOR FOR THE OHIO SENATE REPUBLICAN CAUCUS AND NOW THE |
00:07:04 | OWNER OF GRANT STREET CONSULTANTS. |
00:07:05 | FIRST OF ALL, LET'S TALK ABOUT GOVERNOR KASICH TALKING ABOUT A |
00:07:15 | TAX INCREASE. INTERESTING. |
00:07:17 | HE HAS ALWAYS TALKED AGAINST TAX INCREASES. |
00:07:20 | THIS IS SOMETHING HE HAS TALKED ABOUT SINCE HIS CAMPAIGN FOR |
00:07:27 | STATE GOVERNOR, THE ELIMINATION OF THE STATE INCOME TAX. |
00:07:30 | >> IT IS A TAX REFORM. >> IT IS NOT AN INCREASE? |
00:07:36 | >> HE IS TAKING THE STRUCTURE, CHANGING IT DRAMATICALLY, |
00:07:40 | BRINGING IT INTO THE MODERN-DAY WORLD. |
00:07:43 | WHEN YOU LOOK AT WHAT HE IS DOING IN THE SHALE INDUSTRY, HE |
00:07:46 | IS MAKING US A VERY COMPETITIVE TO WHAT IS BEING DONE IN OTHER |
00:07:53 | STATES. SO, WHAT HE HAS PUT ON THE |
00:07:58 | TABLE TODAY IS A FAIRLY LOW RATE FOR THE INITIAL FIRST YEARS |
00:08:04 | OF DRILLING AND GOING UP TO A HIGHER RATE OF 4%. |
00:08:08 | IT IS ALSO MIXED WITH AN INCOME TAX CUT. |
00:08:13 | THAT IS WHERE I LOOK AT THIS AS BEING MORE TAX REFORM AND |
00:08:18 | MODERNIZATION. >> I WOULD SAY FIRST OF ALL THAT |
00:08:21 | WE AGREED THAT OHIO'S TAX NEEDS TO BE MODERNIZED AND MADE |
00:08:27 | COMPETITIVE. WE ALSO THINK REGULAR COMPANIES, |
00:08:30 | NOT JUST THE OIL COMPANIES, SHOULD BENEFIT FROM THE |
00:08:34 | EXTRACTION OF OUR NATURAL RESOURCES. |
00:08:37 | WHERE WE DISAGREE -- I DO NOT BELIEVE THERE IS ANY REASON WHY |
00:08:41 | OUR TAX SHOULD BE AMONG THE LOWEST IN THE NATION AND I |
00:08:45 | DISAGREE THAT ALL VIOLENCE -- OHIOANS WILL HAVE THEIR STATE |
00:08:55 | TAXES CUT, BUT AT THE LOCAL LEVEL, THEY ARE INCREASE THE |
00:09:00 | LOTS. AND FINALLY, WE DISAGREE THAT |
00:09:02 | THE LOCALITIES FOR THIS NEW DRILLING IS GOING TO TAKE PLACE |
00:09:10 | SHOULD GET NO HELP FOR THEIR DAMAGED ROADS. |
00:09:13 | THE GOVERNOR SAYS, OH, I AM GOING TO GIVE THEM $25,000 FOR |
00:09:20 | WELLS. BUT THERE IS A PROPERTY TAX |
00:09:23 | CUTS EQUAL TO THE AMOUNT THEY PAY FOR THIS DAMAGED ROAD FEED. |
00:09:30 | IN OTHER WORDS, IT IS REVENUE NEUTRAL. |
00:09:33 | HOW DOES THAT HELP THE LOCAL GOVERNMENTS THAT ARE HAVING |
00:09:37 | THEIR ROADS DAMAGED? >> YOU BOTH AGREE ON ONE THING |
00:09:40 | HERE. THIS IDEA THAT THE TAXES ARE |
00:09:43 | LOW. THE OHIO OIL AND GAS INDUSTRY |
00:09:49 | OPPOSES THIS, SAYING THIS TAX INCREASE WOULD HURT, SINCE IT IS |
00:09:54 | TARGETING AN EMERGING INDUSTRY. >> HE WORKS FOR A THINK TANK. |
00:10:02 | I READ OTHER THINK-TANK MATERIAL. |
00:10:05 | EVERY REPORT I HAVE SEEN FROM OTHER STATES, FROM HIS, FROM |
00:10:09 | POLICY MATTERS, MOST OF THE STUDIES WILL SUGGEST ANY TYPE OF |
00:10:14 | TAX INCREASE HAS NOT STOPPED ANY FORM OF DEVELOPMENT. |
00:10:17 | I WOULD NOT BE ANY -- I WOULD NOT BE USING THAT ARGUMENT. |
00:10:23 | A FEW WEEKS AGO THEY SAID, THIS INDUSTRY WILL CREATE 65,000 NEW |
00:10:28 | JOBS. ABOUT 28,000 JOBS IN THE |
00:10:31 | INDUSTRY ITSELF, AND THE REST IN ANCILLARY BUSINESSES, THE |
00:10:35 | WALMARTS, THE RESTAURANTS THAT COME WITH A. |
00:10:43 | THAT IS MY RESPONSE. YOU DO NOT HAVE TO HAVE A |
00:10:48 | PACKAGE THAT RESTORES THE ROADS. YOU NEED TO HAVE A STRUCTURE |
00:10:54 | THAT ENABLES LOCAL GOVERNMENTS TO COLLECT THE TAXES AND MAKE |
00:10:58 | LOCAL PRIORITIES. WHEN YOU LOOK AT THIS AND SAY, |
00:11:00 | OH, THIS IS GOING TO DESTROY ECONOMIC DEVELOPMENT AND THE |
00:11:04 | GOVERNOR RESPONDED TO THAT SAYING WE'RE GOING TO KEEP YOUR |
00:11:08 | TAX LOW, AND THOSE PADS EACH ARE ABOUT $6 MILLION. |
00:11:18 | MY POINT TO U.S. ONCE THAT IS DONE, THEY GET TAXED AT A PRETTY |
00:11:25 | GOOD -- MY POINT TO YOU IS ONCE THAT IS DONE, THEY GET TAXED AT |
00:11:29 | A PRETTY GOOD CLIP. >> IF WE HAVE NOT BEEN TAXING |
00:11:36 | THEM LOCALLY, HAS THAT ATTACKS OCCURRED? |
00:11:39 | >> NO. WE ARE ALSO MIXING IN THE |
00:11:45 | REDUCTION ON THE INCOME TAX. >> LET'S PUT THIS IN PERSPECTIVE |
00:11:49 | FOR YOUR VIEWERS. ALLY OF'S SEVERANCE TAX UNDER |
00:11:52 | GOVERNOR KASICH -- OHIO'S SEVERANCE TAX UNDER GOVERNOR |
00:11:58 | KASICH'S PROPOSAL WILL BE LOWER THAN NEIGHBORING STATES. |
00:12:08 | >> A EVENTUALLY WERE STARTING OUT? |
00:12:09 | >> STARTING UP. OUR TAX IS LOWER THAN WHAT WEST |
00:12:13 | VIRGINIA HAS, WHICH IS 5%. WE HAVE ABOUT $550 BILLION WORTH |
00:12:20 | OF OIL IN OUR UTICA SHALE. THAT IS WHAT THE INDUSTRY SAYS. |
00:12:27 | IF WE RAISE OUR TAX RATE JUST TO THE RATE OF TEXAS, NOT THE |
00:12:31 | HIGHEST IN THE COUNTRY, BUT TEXAS, 4.6%. |
00:12:35 | WE CAN RAISE BETWEEN 10 AND 15 TIMES MORE MONEY, MORE REVENUE |
00:12:42 | FOR OHIO THEN WE COULD UNDER THE GOVERNOR'S PLAN. |
00:12:47 | REMEMBER, SCHOOLS HAVE BEEN CUT BY $3 BILLION. |
00:12:50 | LOCAL GOVERNMENTS HAVE 50%. IF YOU ARE A LOCAL TAXPAYER, YOU |
00:12:55 | HAVE TO EITHER RAISE YOUR TAXES LOCALLY OR DO WITHOUT THE |
00:13:00 | SERVICES. THAT IS WHY I AM IS SAYING WITH |
00:13:03 | ALL DUE RESPECT, IT IS A SHELL GAME. |
00:13:05 | YOU'RE GOING TO HAVE TO PAY A LOT MORE AT THE LOCAL LEVEL. |
00:13:10 | >> SHELL GAME -- SHALE GAME. [LAUGHTER] |
00:13:15 | >> HE IS MAKING THE BALLOT POINTS IN CERTAIN AREAS. |
00:13:22 | RARELY DO WE GO ALONG WITH OTHER STATES WITH WHAT THEY DO. |
00:13:26 | IF THAT WERE THE CASE, I PROBABLY WOULD HAVE WON ON THE |
00:13:31 | MAJORITY OF MY LEGISLATIVE ISSUES BY SAYING "THE OTHER |
00:13:35 | STATES DO THAT." I THINK WHAT IS REALLY IMPORTANT |
00:13:40 | IS THE STATE TAKE THE TIME TO DEVELOP A TAX POLICY, TAKE A |
00:13:43 | LOOK AT THE ISSUES, INCLUDING WHAT ARE THEY DOING AT THE |
00:13:47 | ENVIRONMENT? I THINK WE NEED TO TAKE OUR TIME |
00:13:53 | BEFORE WE RUSH TO GO TAKE IN THIS MONEY AND THINK WE'RE ALL |
00:13:56 | GOING TO GET A TAX CUT. LET'S BE CLEAR ABOUT THIS TAX |
00:13:59 | CUT. 2010, THERE WAS A $8.3 BILLION |
00:14:06 | COLLECTED IN THE STATE. THE EFFECTIVE TAX RATE IN THIS |
00:14:10 | STATE WAS ABOUT 2.53%. IF YOU JUST CUT IT 0.1%, THAT |
00:14:19 | IS $10 MILLION. THAT IS A LOT OF MONEY MAKING |
00:14:23 | TAX CUTS. ARE YOU GOING TO DO A PERMANENT |
00:14:26 | TAX CUT? IF YOU REMEMBER IN THE 1990'S, |
00:14:29 | WE DID A BUNCH OF TEMPORARY TAX CUTS. |
00:14:32 | NO ONE REMEMBERS THAT. IN ORDER TO MAKE THIS FAIR, TO |
00:14:39 | HAVE A PERMANENT TAX CUT, WE HAVE TO DO TAX REFORM TO A JUST |
00:14:43 | A LOT OF THINGS THAT HAVE HAPPENED SINCE 2005. |
00:14:46 | SO, WE ARE MAKING SURE LOCAL GOVERNMENTS AND EDUCATION ARE |
00:14:50 | BEING FUNDED PROPERLY WITH THE RESOURCES THAT ARE AVAILABLE. |
00:14:53 | WITHOUT BOND ISSUES, WE LOOK AT WHAT THE DECISION WAS UNDER THE |
00:14:59 | COURT CASES ALTER THE 1990'S. THEY SAID THERE WAS TOO MUCH |
00:15:04 | RELIANCE ON PROPERTY TAX. WE ARE GOING BACK TO THAT. |
00:15:08 | A LOT OF SCHOOL DISTRICTS GOT PROPERTY TAXES BECAUSE THEY HAVE |
00:15:16 | HAD CUTS THIS YEAR. >> I AGREE. |
00:15:18 | LET ME GO BACK TO A POINT HE MADE -- YOU MADE -- WHEN YOU |
00:15:25 | TALK ABOUT THE OIL COMPANIES, THEY ARE ALL COMPLAINING. |
00:15:28 | IF YOU RAISE YOUR TAXES TOO HIGH, WE WILL TAKE OUR DRILLS |
00:15:33 | AND GO SOMEWHERE ELSE. THERE ARE A COUPLE OF POINTS. |
00:15:35 | IF YOU WANT TO DRILL IN UTICA SHALE, YOU HAVE TO GO TO WHERE |
00:15:40 | YOUR THE SHALE IS. THAT IS HERE. |
00:15:42 | IN THIS SENSE, IT IS NOT AN INDUSTRY WHERE YOU CAN |
00:15:48 | THEORETICALLY BUILD A PLANT ANYWHERE. |
00:15:50 | YOU HAVE TO GO WHERE THE SHALE IS. |
00:15:52 | TWO, I DO NOT BELIEVE THE OIL COMPANIES WILL LEAVE $550 |
00:16:05 | BILLION WORTH OF PROFIT IN THE GROUND SIMPLY BECAUSE OF THE TAX |
00:16:08 | RATE. >> LET'S ALWAYS KEEP THIS IN |
00:16:12 | MIND. THESE RESOURCES ARE GOING TO |
00:16:13 | LAST ABOUT 15 YEARS. THEY BELONG TO ME. |
00:16:19 | THAT BELONG TO YOU. THAT BELONG TO THE STATE. |
00:16:21 | WE OUGHT TO GET OUR FAIR SHARE OUT OF IT. |
00:16:25 | >> BUT IS THE INCOME TAX CUT THE BEST WAY TO GET THAT FAIR SHARE? |
00:16:30 | IS THAT THE BEST WAY TO USE THIS MONEY? |
00:16:32 | >> THAT WAS MY POINT. THE ARGUMENT IS ABOUT HOW YOU |
00:16:35 | SPEND THIS REVENUE. THE GOVERNOR WANTS TO DO IT WITH |
00:16:39 | AN INCOME TAX CUT, WHICH IS GOING TO BE PENNIES FOR THE |
00:16:42 | AVERAGE OHIOAN. >> IS GOING TO BE A LOT OF MONEY |
00:16:49 | FOR TOP INCOME EARNERS. >> IT WILL BE MORE FOR THEM, |
00:16:53 | CERTAINLY. IF TAX CUTS REMAIN BECAUSE THE |
00:16:59 | GOVERNOR KASICH BUDGET CUTS ARE UNACCOUNTED FOR -- HE IS GIVING |
00:17:04 | WITH THE LEFT HAND AND TAKING AWAY WITH THE RIGHT HAND. |
00:17:07 | TO BE HONEST WITH YOU, TOO, I DO NOT BELIEVE FOR HIM TO HAVE AN |
00:17:14 | INCOME TAX RATE THIS LOW, WHAT HE WANTS TO DO FOR SOME REASONS, |
00:17:18 | IF HE WANTS TO GIVE THE OIL COMPANIES A BREAK THAT THEY ARE |
00:17:21 | NOT GETTING IN OTHER STATES -- TO BE HONEST WITH YOU, WHILE -- |
00:17:26 | A WHILE -- OHIOANS BETTER ALREADY GETTING GOUGED FOR OIL |
00:17:34 | AND GAS, I DO NOT THINK THEY WILL BE IN MUCH OF A MOOD -- |
00:17:37 | >> TEXAS GIVES A BUNCH OF DEDUCTIONS. |
00:17:42 | IF YOU WERE COMPARING APPLES TO APPLES, IT IS NOT EASY TO DO. |
00:17:47 | WHEN YOU LOOKED AT THIS -- THIS IS BY%. |
00:17:50 | I TAKE EXCEPTION WITH THAT 5%. THE THINKING OF "WHEN THIS IS |
00:17:57 | FULLY IMPLEMENTED," 2016, 2017, IT MAY BE 5%. |
00:18:06 | IT IS NOT. TO LET THE PUBLIC BELIEVE IT |
00:18:09 | WILL GENERATE $500 BILLION -- $500 MILLION NEXT YEAR, IT IS |
00:18:15 | NOT TRUE. >> FROM A POLITICAL POINT OF |
00:18:18 | VIEW, IT IS BEAUTIFUL FOR THE GOVERNOR, YOU SAY, BECAUSE THE |
00:18:22 | FIRST TAX REFUNDS DO NOT OCCUR UNTIL 2014, WHICH, |
00:18:26 | COINCIDENTALLY, IS THE YEAR HE IS UP FOR REELECTION. |
00:18:29 | >> IF HE WANTED TO DEAL THAT WAY, ALL THE GOVERNOR HAS TO DO |
00:18:37 | IS SEND YOU A CHECK. HE IS GOING TO TAKE IT OFF YOUR |
00:18:40 | TAX RETURN NEXT YEAR. >> HE IS TAKING IT IN TAXES |
00:18:43 | WHILE PUTTING THE BLAME ON THE COUNTY COMMISSIONERS, THE SCHOOL |
00:18:47 | BOARD, THE MAYOR'S. >> SPEAKING ABOUT MAYORS, THE |
00:18:50 | CLEVELAND MAYOR HAS COME BACK TO THE STATE HOUSE SAYING "WE HAVE |
00:18:56 | PROBLEMS." AND "BY THE WAY, WE ARE BROKE." |
00:19:02 | IF YOU GO TO THE DEPARTMENT OF EDUCATION AND LOOK AT THEIR |
00:19:09 | FIVE-YEAR FINANCIAL STATEMENT, THEY ARE GOING TO BE SHORT OVER |
00:19:12 | $1 BILLION. THEY ARE COMING IN AND SAYING |
00:19:16 | GIVE US ALL THE CONTROL AND GET RID OF THESE LABOR CONTRACTS AND |
00:19:18 | THAT WILL MAKE US WHOLE. >> THE GOVERNOR HAS SAID THESE |
00:19:23 | CLEVELAND CONTRACT -- >> THE NUMBERS ARE NOT COMING TO |
00:19:26 | WORK. >> WHAT IS THE FUTURE FOR LOCAL |
00:19:30 | GOVERNMENTS HERE? YOU HAVE SAID, YOU BUILD THIS |
00:19:36 | AND JOBS WILL COME. THAT WILL REPAIR THE ROADS AND |
00:19:38 | FIX THE SCHOOLS AND PROVIDE A TAX BASE. |
00:19:40 | BUT IN 2004, 2005 THE JOBS THAT WERE PROMISED THEN DID NOT |
00:19:46 | MATERIALIZE. HOW DO YOU KNOW THAT IS GOING TO |
00:19:48 | WORK AND IT WILL CREATE THE JOBS THAT ARE NEEDED FOR LOCAL |
00:19:51 | GOVERNMENT? >> WE HAVE THIS ROUND TABLE IN |
00:19:56 | 2006. WE PUT OUT A REPORT AND SAID |
00:19:57 | THAT TAX REFORM WOULD LEAD TO $3.2 BILLION REDUCTION IN STATE |
00:20:03 | AND LOCAL TAXES AND IT WOULD INCREASE JOBS BY 75,500. |
00:20:11 | WHAT WE ALSO SAID TO BE LOCAL GOVERNMENTS WAS, YOU WERE NO |
00:20:16 | LONGER GOING TO GET THE TAXES FROM PERSONAL PROPERTY TAX, AND |
00:20:22 | THAT STARTED THIS THING WHICH AS BEEN HAPPENING TO DATE. |
00:20:24 | WE SHOULD HAVE ADDRESSED THAT PROBLEM IN 2005 RATHER THAN |
00:20:28 | PUTTING IT OFF, PUTTING IT OFF, PUTTING IT OFF. |
00:20:30 | THEY ARE ALWAYS FACED WITH HOW ARE THEY GOING TO BE PAYING WITH |
00:20:35 | THAT -- HOW THEY'RE GOING TO BE PAYING FOR THAT PERSONAL |
00:20:40 | PROPERTY TAX CUT. DEBT HAS BEEN TAKEN OFF OF LOCAL |
00:20:44 | GOVERNMENTS WITHOUT ANY PREPARATION. |
00:20:46 | >> MOST OHIOANS ARE GOING THROUGH A DIFFICULT ECONOMIC |
00:20:53 | TIME. WE'VE HAD THE WORST RECESSION |
00:20:56 | SINCE THE GREAT DEPRESSION. MOST PEOPLE UNDERSTAND TO CLOSE |
00:20:59 | A HOLE, THERE HAS TO BE SACRIFICE. |
00:21:04 | YES, THERE HAS TO BE SACRIFICED, BUT LET'S MAKE IT SHARED |
00:21:08 | SACRIFICE. AT THIS MOMENT, THE WEALTHIEST |
00:21:11 | OHIOANS HAS NEVER HAD TO SACRIFICE ANYTHING. |
00:21:18 | THE ONLY THING THEY HAVE BEEN ASKED TO TAKE IS A TAX CUT. |
00:21:21 | >> I AM NOT POINT TO ARGUE WITH HIM ON THAT. |
00:21:24 | BOTH OF MY KIDS ARE GOING OUT OF STATE TO COLLEGE. |
00:21:28 | I LOOK AT TWO THINGS HERE. WE HAVE AN OBLIGATION TO TAKE |
00:21:32 | CARE OF OUR ELDERLY. WE HAVE AN OBLIGATION TO TAKE |
00:21:35 | CARE OF OUR KIDS. OUR KIDS DESERVE THE BEST |
00:21:39 | EDUCATION AT THE LOWEST COST SO THEY ARE NOT COMING OUT OF |
00:21:42 | COLLEGE WITH HUGE DEBT. IS UNFORTUNATE TO ABANDON OUR |
00:21:46 | ELDERLY IN THE LAST FEW YEARS OF THEIR LIVES. |
00:21:49 | I WISH THEY WOULD LOOK AT THIS AND THINK, THIS IS WHAT YOU |
00:21:53 | REALLY NEED TO DO. THIS IS NOT THE DISCUSSION. |
00:21:56 | PEOPLE HAVE TO DECIDE THAT. IF THEY LET THIS PLAN GO, WHY |
00:22:02 | WOULD THE GOVERNOR NOT COME IN AND SAY "I DO NOT WANT TO PAY |
00:22:06 | FOR A LABOR CONTRACT." >> THAT IS ONE OF THE BIGGEST |
00:22:11 | PROBLEMS WITH THE SO-CALLED PLAN. |
00:22:14 | WE HAVE SEVERAL PROBLEMS, NOT THE LEAST OF WHICH SOME OF THIS |
00:22:19 | PROPERTY TAX REVENUE FOR CHARTER SCHOOLS, WHICH WE'RE NOT CRAZY |
00:22:22 | ABOUT EITHER. SOME MANY OF THE COMPENSATION |
00:22:26 | PROPOSALS, SOME MANY OF THE THINGS TO DO WITH TEACHERS -- IT |
00:22:30 | IS ALMOST LIKE A SENATE BILL 5 REDOX. |
00:22:32 | -- REDUX. IT IS COMING BACK IN THIS NEW |
00:22:41 | ITERATION. >> IT WAS THE WORDING PROBLEM. |
00:22:45 | >> LET ME ASK A FINAL QUESTION HERE. |
00:22:49 | ARE WE SETTING THINGS UP FOR MORE TAXES ON THE LOCAL LEVEL IF |
00:22:53 | INDEED THIS INCOME TAX CUT DOES NOT CREATE THE JOBS THAT LOCAL |
00:22:57 | GOVERNMENTS NEED? AND ARE WE SETTING IT UP FOR |
00:23:00 | EVENTUALLY A STATE INCOME TAX INCREASE IN 15 YEARS WHEN THE |
00:23:05 | RESOURCES ARE GOING AWAY? >> IN OHIO FOR THE LOCAL |
00:23:11 | GOVERNMENT? YES, I THINK THEY ARE FACED WITH |
00:23:15 | SERIOUS, SERIOUS DILEMMAS DOWN THE ROAD. |
00:23:19 | AS WE KEEP LOOKING AT THE STATE'S INTERESTS, WE MAY BE |
00:23:23 | CREATING A DIFFERENT SITUATION AT THE LOCAL LEVEL. |
00:23:26 | >> I AM NOT NORMALLY A BIG FAN OF CONSPIRACY THEORIES, BUT WHAT |
00:23:31 | I BELIEVE THE GOVERNOR IS UP TO HERE -- EVEN THOUGH HE GOT |
00:23:37 | BEATEN BADLY ON THE ISSUE TWO, I THINK HE THINKS TIME IS ON HIS |
00:23:42 | SIDE. IF HE SITS THERE AND HE'S |
00:23:44 | STARTING SCHOOLS AND LOCAL GOVERNMENTS FOR MONEY, WE JUST |
00:23:47 | HAD LAST WEEK WITH THE HIGHEST NUMBER OF SCHOOL LEVIES IN 12 |
00:23:52 | YEARS. THAT CANNOT GO ON IN PERPETUITY. |
00:23:54 | SOONER OR LATER, GOVERNOR KASICH THINKS LOCAL TAXPAYERS WILL |
00:23:59 | REVOLT AND THEY WILL START LAYING OFF TEACHERS, POLICE, |
00:24:04 | FIREFIGHTERS. THAT IS WHAT HE WANTED WITH |
00:24:06 | SENATE BILL 5, BUT THE VOTERS WOULD NOT GIVE HIM. |
00:24:09 | >> ALL YOU HAVE TO GO IT IS TO THE FIVE-YEAR FINANCIAL REPORTS, |
00:24:13 | AND YOU WILL SEE IN YOUR OWN SCHOOL DISTRICT THERE IS A GREAT |
00:24:16 | LIKELIHOOD THEY'RE IN A DEFICIT. >> WAS THERE ANYTHING YOU DID |
00:24:22 | NOT SEE IN THIS OVERALL PLAN YOU WERE HOPING TO SEE FROM THE |
00:24:25 | GOVERNOR? >> FIRST OF ALL, WE HAVE NOT |
00:24:27 | SEEN THE PLAN. IT DOES NOT EXIST IN WRITTEN |
00:24:30 | FORM. >> 2000 PAGES WHEN WE DO SEE IT. |
00:24:33 | >> I AM NOT SURE WHAT IS IN @. >> [UNINTELLIGIBLE] |
00:24:38 | >> I APPLAUD HIM. I WANTED HIM TO GO AHEAD AND DO |
00:24:45 | THE SHALE TAX INCREASES. I WANTED TO BE IN THE FORM OF AN |
00:24:51 | INCOME TAX. I ALSO WANTED IT TO BE |
00:24:54 | AFFIRMATIVE INCOME-TAX. >> AS I SAID AT THE OUTSET, THE |
00:24:58 | TWO BIGGEST PROBLEMS MY ORGANIZATION HAS WITH THIS -- WE |
00:25:02 | HAVE A TAX THAT IS STILL TOO LOW ON OIL AND GAS EXTRACTION, AND |
00:25:08 | IT IS HOW WE SPEND THE MONEY. YOU WANT TO GIVE A VERY SMALL |
00:25:13 | INCOME TAX CUT, WE THINK WE SHOULD USE THIS TO MAKE LOCAL |
00:25:17 | GOVERNMENTS WHOLE. >> THANK YOU VERY MUCH FOR BEING |
00:25:26 | HERE. AND THAT'S IT FOR THIS WEEK. |
00:25:29 | FOR MY COLLEAGUES AT OHIO PUBLIC RADIO AND TELEVISION, THANKS FOR |
00:25:30 | WATCHING. IF YOU'D LIKE TO ASK QUESTIONS, |
00:25:32 | MAKE COMMENTS, OR WATCH THIS WEEK'S SHOW OR EARLIER EPISODES, |
00:25:34 | PLEASE VISIT OUR WEBSITE AT STATENEWS.ORG. |
00:25:36 | YOU CAN ALSO CHECK US OUT ON FACEBOOK. |
00:25:37 | AND PLEASE JOIN US AGAIN NEXT TIME FOR "THE STATE OF OHIO." |
00:25:39 | CAPTIONED BY THE NATIONAL CAPTIONING INSTITUTE |
00:25:41 | --WWW.NCICAP.ORG-- <NO VIDEO><VIDEO OK><NO VIDEO><; |
00:26:12 | >> SUPPORT FOR THE STATEWIDE BROADCAST OF STATE OF OHIO COMES |
00:26:17 | FROM THE LAW OFFICES OF -- HELPING BUSINESSES AND |
00:26:22 | INDIVIDUALS SOLVE COMPLEX LEGAL PROBLEMS THROUGHOUT OHIO AND |
00:26:26 | AROUND THE WORLD. AND FROM THE OHIO EDUCATION |
00:26:31 | ASSOCIATION REPRESENTING 131,000 TEACHERS, SUPPORT |
00:26:35 | PROFESSIONALS, AND HIGHER EDUCATION FACULTY WHO ARE |
00:26:36 | WORKING FOR GREAT PUBLIC SCHOOLS FOR EVERY JOB. |
00:26:39 | ADDITIONAL SUPPORT FOR THE STATE OF OHIO IS MADE POSSIBLE BY E- |
00:26:45 | TECH OHIO. |
Note : Transcripts are compiled from uncorrected captions