In 1908, the automobile was considered nothing more than a rich man's plaything. The technology existed but could not yet be applied on a large scale or made affordable. Soon, Henry Ford supplied those missing parts and, with some outside help, transformed the 20th Century.
In 2010, U.S. Sen. Sherrod Brown and the rest of Ohio’s congressional delegation have a rare chance to vault us into a position of global economic leadership by passing a comprehensive clean energy and climate bill.
A nonpartisan think tank that advocates for poor and working class families is urging that Ohio adopt its own version of the federal Earned Income Tax Credit (EITC).
The group, Policy Matters Ohio, said a state version of the federal tax credit, set at 10 percent, would divert just $210 million from Ohio’s coffers but would benefit 949,000 low-income working families across the state. Such a credit would provide families with an average of $221 each, which Policy Matters Ohio described as “modest but helpful.”
Currently 24 states and the District of Columbia have Earned Income Tax Credits, ranging from 3.5 percent to 50 percent of the federal credit.
“A state EITC program enables families to work and build assets while reducing the impact of regressive income tax changes,” said a statement released by Policy Matters Ohio.
“A state EITC makes sense because recent changes to the personal income tax have provided greater tax reductions for higher-income earners than they have for lower- and middle-income families,” the statement continued.
The federal EITC is a refundable tax credit for low- and medium-income individuals and couples, and is considered the nation’s largest poverty relief program. When the credit exceeds the amount of taxes owed, it results in a tax refund to those who qualify and claim the credit.
To qualify for the EITC, a recipient must have earned income of $49,000 or less. The credit is worth significantly more for families with children and is refundable, which means families receive cash refunds above their tax liability.
Created in 1975, the federal EITC is aimed at helping lift families with children about the poverty level, along with offsetting the burden of Social Security taxes and maintaining an incentive for people to work.
In Ohio, 949,692 people currently claim the federal EITC. The credit generates $2.1 billion for state residents, and the average refund is $2,211.
Founded in 2000, Policy Matters Ohio is a nonprofit, nonpartisan policy research organization that seeks to create “a more prosperous, equitable, sustainable and inclusive Ohio,” through research and policy advocacy.
Based in Cleveland and Columbus, the organization is funded primarily through grants from groups like the Ford Foundation, the Sisters of Charity Foundation, the Center on Budget and Policy Priorities, the Corp. for Enterprise Development and others.
As Cincinnati Archbishop Dennis Schnurr and other Catholic officials speak out publicly against a new federal rule involving free birth control, the American Civil Liberties Union (ACLU) defends the switch and says the criticism is misguided.
Last month the U.S. Department of Health and Human Services (HHS) announced that the Patient Protection and Affordable Care Act — known informally as “ObamaCare” — would require nearly universal coverage of contraception.
The "Highway to Health Care" tour rolls into town Saturday, stopping in Bond Hill to help local people contact their members of Congress to demand real health care reform. Sponsored by the American Federation of State, County and Municipal Employees (AFSCME), the tour features an RV outfitted as a mobile activism center, complete with on-board laptop computers, cell phones and postcards for participants to contact their Senators and Representatives.
Amid the recent controversy about possibly adding more publicly subsidized housing for the poor in Green Township, local Republicans will hold a special forum tonight to discuss methods for blocking the expansion.
An anti-abortion group is defending the claims it makes on billboards criticizing Congressman Steve Driehaus (D-Price Hill), but comments from a prominent Catholic bishop appears to support Driehaus' stance.
A bipartisan political action committee (PAC) that lobbies for “fair and just immigration laws” has selected Butler County's outspoken sheriff as one of 10 U.S. politicians inducted into its newly created Hall of Shame for local officials across the nation.
Immigrants' List says Sheriff Richard K. Jones was selected because the conservative Republican exploits fear and misinformation to make headlines and further his political ambitions.
Ingenuity, creativity, the determination to succeed – this is the stuff of innovation that people brag about when advances in technology or positive change are highlighted. Finding a solution for an impossible situation ups the value of these bragging rights, but what drives it all is the unshakable motivation to get to a new solution.