Replace All Federal Taxes on Income with the Fair Tax Act , HR 25

Kasich's running for governor; is he Fair Tax?

Ok, Kasich's actually going to run. Does he support the Fair Tax? I've written to him asking so let's see if or when I get a response. I also suggest a state fair tax plan in my email to him.

I am hopeful that we can have a Fair Tax governor here in Ohio. Just think of the benefits to states! I should think that all federalists can see that the Fair Tax is a huge step in the right direction.

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Permalink Reply by Nancy L. Gatchel on May 2, 2009 at 1:21pm

"Eliminate Ohio's Income Tax
Home > Issues > Income Tax
To be competitive and create an environment conducive to investment, job creation and innovation, Ohio must phase-out it’s income tax. The personal income tax has a tremendous negative impact on business by discouraging entrepreneurial activity, increasing the cost of labor, reducing investment, and limiting small business income growth.

As the number of sole proprietorships, partnerships and s-corporations grows, more small businesses report their income through the individual income tax code. In fact, the number of individuals filing federal tax returns with business income has doubled over the last 20 years, forcing more and more small businesses to deal with the economically stifling affects of the personal income tax.

The complexity, number of brackets and the top marginal rate of Ohio’s income tax hurt the business climate in the state, ranking it as one of the ten worst in the country. Local governments in Ohio can also impose an income tax, which contributes to Ohio having the 7th highest state and local tax burden in the country.

Despite the fact that Ohio has phased down its personal income tax rates in recent years, Ohio’s income tax still has nine separate tax brackets, and imposes a top rate of 5.925%, which is higher than the flat taxes in Indiana(3.4%), Michigan(4.35%), and Pennsylvania(3.07%); about the same as Kentucky(6%); and only half a percent lower than West Virginia(6.5%)."

http://www.rechargeohio.com/site/c.epIMKZOzFqG/b.5029289/k.7DAD/Eli...

I am assuming these are Kasich's words since he was honorary chairman until he filed to run for governor.

Permalink Reply by Matthew Judy on May 2, 2009 at 8:40pm

Those are definitely his words, or at least his sentiments. Here's a snippet from the Columbus Dispatch with a direct quote:

Kasich said he feels compelled to run because Ohio needs a governor willing to take dramatic action to stem Ohio's job losses, low personal-income growth and flight of young people. "Every economic factor you look at, we're in the bottom of the barrel," he said. "The only reason I'm interested in this is because I think our state is in a death spiral."

Kasich said sweeping changes are needed in Ohio's tax and regulatory systems and in workforce development to attract businesses.

"Frankly, I believe the (state) income tax has to be phased out," Kasich said, promising to detail in the future how he would make up for a tax that provides the state with more than $9 billion a year, or 34 percent of its operating money.

I'd say that's the attitude someone might have when they're wanting to adopt the FairTax at the state level. :)

Permalink Reply by Nancy L. Gatchel on May 3, 2009 at 2:40pm

I was hoping I understood him correctly. This is great! I rarely donate to candidates; gotta be one that I can truly have some faith in. I just made a donation to his campaign. We've got to show this country that we mean business.