Zach Schiller, researcher for Policy Matters Ohio, spoke with America’s Work Force on June 13 about Ohio’s budget plan and the problems that he sees within it.
Ohio’s gas tax raise, which becomes effective July 2019, is a plan to use money from the gas tax to help improve and repair infrastructure throughout the state. Schiller also discussed the “LLC Loophole” where there is no income tax collected on the first $200,000 that a Limited Liability Company makes. Schiller said that because of this loophole, some small businesses are naming themselves LLCs so they can have this tax break. He then went on to discuss the tax cut being increased to eight percent and why this is a bad idea. Schiller stated that Ohio is lagging economically and the tax cuts are not helping, stressing because of the tax cuts, we do not have the proper funding for resources needed to make improvements, yet tax cuts are still being proposed.
Josh Nassar, legislative director for the United Auto Workers spoke with AWF on June 13 about the new NAFTA agreement, the United States-Mexico-Canada Trade Agreement. He said that the White House claims they are ready to move on to a vote with congress to make it official. Nassar asserted that he does not believe that the U.S.M.C.A is not thorough enough, or completed and should not be put up to vote yet. Lastly, he discussed Protect the Right to Work (PRO) Act and why it is so necessary to have.
AWF host Ed “Flash” Ferenc spoke about getting the price of pharmaceutical drugs under control and how the U.S.M.C.A could prevent the prices from skyrocketing even more.
To listen to this show, click the play button below.