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.