Cato Institute Gives Strickland a “B” in Fiscal Policy
Monday, October 27th, 2008 By David Owsiany
The Cato Institute recently released its Fiscal Policy Report Card on America’s Governors: 2008. Ohio Governor Ted Strickland received a letter grade “B” for his taxing and spending records. According to the report:
Governor Strickland succeeded in his goal of passing an expanded homestead exemption under the property tax. He is also following through on a phased-in replacement of Ohio’s corporate franchise and business property taxes with a gross receipts tax. The plan is supposed to result in a large net tax cut for businesses. On spending, the governor supports large increases in the education budget and is pushing an expensive debt-financed energy plan. But with the state facing a budget deficit this year, the governor is taking steps to trim spending.”
Tags: Governor Ted Strickland, Spending, Taxes
October 28th, 2008 at 10:09 am
I looked through Cato’s biennial reports going back to 1998. The grades were D, D, F, F, F for 1998 through 2006. In other words, Republicans Voinovich and Taft left as their legacy a level of government spending only a Democrat could love.