Ohio’s official unemployment rate has fallen to its lowest level in 13 years after employers added naerly 18,000 jobs in November.
Governor Strickland Proposes Postponing Planned Income Tax Cut.
Listen to the Story
Ohio Governor Ted Strickland has proposed freezing income tax cuts to fund education in the wake of a court decision that could halt his plan to put lottery slot machines at racetracks.
Strickland today suggested postponing the final year of the overall 21 percent tax cut for at least two years, raising about $850 million.
The Ohio Supreme Court last week ruled that the slot machine proposal is subject to voter approval, stopping the state’s plans to place machines at horse racing tracks by May.
Strickland had been counting on the slot machines to contribute about $850 million to help balance the two-year education budget.