The Ohio Department of Taxation announced on Thursday that it would be extending the deadline to file and pay taxes in the state from April 15 to May 17.Read More
A new law signed by Ohio Gov. Mike DeWine will increase tax exemptions for spouses of fallen first responders.
House Bill 17 was an expansion of previous legislation and increases the homestead tax exemption from $25,000 to $50,000. The legislation allows the spouse of a fallen first responder to exempt $50,000 of their home’s appraised value from property taxes or the manufactured home tax.Read More
New York Gov. Andrew Cuomo, who once pled for an influx of healthcare workers to treat COVID-19, now says they have to pay up for the privilege of having worked there to treat the coronavirus.
Cuomo said out-of-state medical professionals who volunteered to help his state owe income taxes, Fox News said. That applies even if they stayed on the payroll in their home states. However, only workers who stayed in New York for more than 14 days are on the hook.Read More
The CEO of FedEx challenged New York Times publisher A. G. Sulzberger to a public debate Sunday after the publication reported that the company didn’t pay any federal taxes in 2018.Read More
by Rick Manning Stock markets go up and down based upon the latest trade rumors. Predictions of price hikes make headlines, yet the inflation rate remains at the levels, 2.0 percent at last count, desired by the Federal Reserve. What is going on? And is this even really a trade war with…Read More
The Republican-held Ohio Senate joined Republicans in the House of Representatives in opposing Gov. Mike DeWine on his proposed gas-tax hike. House Bill 62 (HB 62), the 2020-21 Ohio transportation budget, first proposed by DeWine on Feb. 12, originally called for an 18 cent increase to the current gas tax. This was…Read More
January 16th was the first official day of medicinal marijuana sales in Ohio. The four currently-operating dispensaries sold a combined total volume of 8.7 pounds of marijuana for $75,000 – or roughly $500 an ounce. This is more than five times the illegal market value. While states like Michigan and…Read More
by Brittany Hunter When the private sector needs to generate more revenue, entrepreneurs innovate and create in order to draw in consumers and raise profits. When the government needs to generate additional revenue, they are left with only one option: Extort through fees and taxation. And after it has taxed…Read More
by Brittany Hunter “If it moves, tax it.” That’s government’s eternal motto, as Ronald Reagan quipped. To this, the city government of Chicago has added, “If it amuses, tax it.” A few weeks ago, PlayStation 4 users in Chicago were shocked when they turned on their consoles and saw a…Read More
If your Ohio small business makes just $26,000 per year, then Ohio House candidate Mary Lightbody thinks that you are rich and should pay higher taxes. She laid out this far left, extremist argument during a podcast with the Columbus Dispatch starting at the 17 minute mark. Mary Lightbody is…Read More
by Richard McCarty Congresswoman Maxine Waters (D-CA-43) represents all that is wrong with Washington, D.C., yet she is next in line to chair the House Financial Services Committee should Democrats seize control of the House. It should be noted that the Financial Services Committee has broad authority with jurisdiction…Read More