Ohio Economists Split on Progressiveness of Electric Vehicle Fees

A group of Ohio economists disagree over moves by the state and the country as a whole toward electric vehicles and whether government investment in electric vehicle infrastructure is cost-effective.

Nearly half of the 19 economists at Ohio colleges and universities surveyed by Scioto Analysis said the state’s current $200 annual fee for registering electric vehicles is progressive, while a little more than half believed spending tax dollars on EV infrastructure is likely to be more cost-effective than providing the same amount in tax credits.

Read More

Ohio Economists Split on Progressiveness of EV Fees

Electric car being charged

A group of Ohio economists disagree over moves by the state and the country as a whole toward electric vehicles and whether government investment in electric vehicle infrastructure is cost-effective.

Nearly half of the 19 economists at Ohio colleges and universities surveyed by Scioto Analysis said the state’s current $200 annual fee for registering electric vehicles is progressive, while a little more than half believed spending tax dollars on EV infrastructure is likely to be more cost-effective than providing the same amount in tax credits.

Read More

Ohio Economists Uncertain About Sports Betting Impact

A group of Ohio economists are not as certain about the economic impact of legalized sports betting in Ohio as a national gaming research group that predicted the state eventually would be one of the largest gambling markets in the country.

Only 10 of the 23 state economists surveyed agreed legalized sports betting would outweigh the economic costs of intervention for problems associated with gambling addiction, according to a recent survey from Scioto Analysis, a central Ohio group that provides analysis of issues around the state.

Read More

Report: Coal Subsidies Bad for Ohio Taxpayers

A group of Ohio economists believes government subsidies for coal power plants create distortions in the market, eliminates competition and does not produce positive results, according to a new survey from Scioto Analysis.

State leaders continue to pick apart House Bill 6, the scandal-ridden energy bill passed two years ago that produced billions of dollars for two state nuclear power plants but also included subsidies for coal plants and renewable energy producers. It also led to what federal prosecutors call the largest government corruption scandal in state history and the ouster of indicted former Speaker of the House Larry Householder.

Read More

Study: Tax Credits Most Effective Tool to Lift Ohioans from Poverty

Tax credits pulled a quarter million Ohioans out of poverty over the course of a year in 2018, according to a Columbus-based policy analysis group’s study.

Scioto Analysis called its study, which was released Tuesday and based on 2018 American Community Survey data, the most accurate picture of poverty in Ohio to date.

Read More