“U.S. Rep. Ted Strickland, A Democratic Candidate For Governor, Says His Turnaround Ohio Plan Will Rescue The State's Economy.” The Columbus Dispatch, 2/25/06
We are bleeding population to other states due to Ohio having no jobs....which is due to high corporate income tax rates (ranked 48th in 2006).
Having high personal income taxes also shoves people out of Ohio. (ranked 45th)
Here is a story from the Wall Street Journal comparing Ohio and Texas.
The cause of Ohio's woes are obvious:
- High corporate income tax rates.
- High personal income tax rates.
- High death taxes.
- Unions sucking the last drop of green from the auto companies, (and the OEA sucking the green out of the taxpayers, for that matter).
- High worker's compensation costs.
- Recently increased minimum wage....which costs jobs.
It's time to lead, Governor, not beg the feds for a handout.
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