Think tank says state tax hike would help business

Jun 29, 2012

For three years, the fund that pays benefits to unemployed Ohioans has been broke - and the state has been borrowing from the Federal Government. The Governor's recently approved budget update moved 25 million dollars toward paying the interest on the 1.8 billion dollar debt. But a progressive-leaning think tank wants lawmakers to enact a state tax increase to pay off the debt, saying businesses are getting hit with more taxes now. Zach Shiller is with Policy Matters Ohio.