Ohio Governor Proposes Income Tax Cut
Gov. John Kasich proposed a sweeping budget Monday that reduces state income and small business taxes through increases in other areas, boosts school funding and expands Medicaid services with help from the federal government.
The Republican governor said the $63.1 billion, two-year spending blueprint represents "the right mix" of supporting economic development and helping the needy.
"That's the hallmark of this administration," he said. "It's not enough that some people can do well. Everyone in Ohio must have the prospect of doing better."
Source: AP. Read full article. (link)
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Well what the views of Governor will be interesting to see, they can take this strategy in consideration for 1 year and in that one year if outcome is good enough then they can continue with this. As Governor mentioned that expanding medicaid services is something really good move, this will enable that most of the people will get Medicare Benefits.
Certified Financial Advisor