Wednesday, April 23, 2008

The Earth is Shaking in Ohio

Matt Naugle of NaugBlog is reporting that State Rep. John Adams, R-Sidney, along with 19 other legislators, is forwarding a bill that would eliminate the income tax. This is very good indication; now lets see if the Ohio Republican party gets behind this and makes it part of its platform.

From Lima News:

COLUMBUS — A group of legislators wants to phase out the state’s income tax in 10 years and said doing so would halt Ohio’s population loss to other states and create jobs.

State Rep. John Adams, R-Sidney, and the region’s other legislators are part of a group of 19 pushing the bill introduced Monday.

“This idea is not conservative or liberal, left or right, it is just simple economics,” Adams said. “When we tax the risk takers and job creators, we will have less of them.”

Other states are flattening their top rates and nine states have no income tax, Adams said.

Reducing the state’s tax burden will draw more business and capital to the state; more people paying other kinds of existing taxes make up the difference, they argue.

With the socialist Third Frontier Program and Gov. Strickland’s foolish plans to “invest” tax dollars in risky job creating schemes, Rep. Adams’ plan is the only real, long-term way to encourage more economic growth and job creation within Ohio. Ohio’s state and local tax burden, according to the Tax Foundation, is the 5th worst in the nation. If the goal is “economic stimulus”, there would be no better shot in the arm to Ohio’s economy than scrapping the state income tax.

Too bad there aren’t enough real Republicans in the Ohio legislature to get the job done.

Comment: Mr. Naugle said it all.

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