Maybe they can make another rehab for the drunken thief Frankie Coleman...
From Eye on the Statehouse.....
Each Friday, Eye on the Statehouse announces its “Porker of the Week.” It’s our way of calling attention to a particularly big or wasteful spender.
This week’s Porkers are Jon Honeck and his liberal think tank Policy Matters Ohio for advocating the diversion of more than $118 million a year from the governor’s homestead exemption plan and “investing” the funds in other government programs.
In an analysis released Wednesday by Policy Matters Ohio and the Institute on Taxation and Economic Policy, a Washington DC liberal think tank, Honeck asserted that limiting the scope of the proposed property tax exemption plan will “save” the state $118 million a year.
According to Honeck’s analysis, the savings will allow the state to spend more money on big government programs.
“We should limit the exemption to those who most need it. The additional revenue freed up by a more targeted homestead exemption could be used in a variety of ways to provide vital services and make investments in Ohio’s future” said Honeck.
Honeck doesn’t seem to understand government only “saves” money by not spending it.
Admittedly, the governor’s plan has come under considerable criticism. The Columbus Dispatch said “the plan needs to be drawn up in a manner that doesn’t mortgage Ohio’s future.” The Tax Foundation has criticized similar plans for posing as a wealth transfer from the middle-class to senior-citizens. And others have argued that a homestead exemption simply panders to seniors while doing nothing to stimulate Ohio’s lagging economy.
No matter their position on the homestead exemption plan, Honeck and Policy Matters Ohio should not refer to spending an additional $118 million a year as a “savings.” For this, they are the Porkers of the Week.
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