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Kasich Signs Budget Update Bill, Hastening Income Tax Cut and Doubling EITC

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Though the two-year budget is at the halfway point, there are some changes ahead, thanks to a bill signed by Gov. John Kasich today.

Monday, June 16, 2014 at 6:04 pm

"I like the standard deduction provision and of course the EITC," Kasich said. "But it's also the rate comes down and for small business. Now i think the biggest question going forward is tax reform, because these rates have got to come down. But that will be a question for another day."

Kasich signed the bill in the headquarters of the Mid-Ohio Food Bank, to draw attention to the provisions that help lower-income taxpayers.

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