| 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
