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History: Tax Hikes Often Used in Times of Crisis
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With Ohio government facing a multi-billion dollar budget deficit, Governor Ted Strickland keeps talking about two ways to plug the money shortfall — slashing state spending and getting a bail-out from Washington. A third option – a tax increase — Strickland keeps down-playing. BUT – as statehouse correspondent Bill Cohen reports, if HISTORY is any indication, a tax hike is an option that the governor and Ohio lawmakers may have to resort to.
TO HEAR Bill’s report use the above player.