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Ohio’s state government spending increased by three times the inflation rate between 1994 and 2002. At this clip, the state government budget would double every 14 years. More importantly, this rate of growth outstrips income growth and exceeds our ability to pay for it. The result? Government spending as a share of Ohio’s economy has increased rapidly since 1980. Ohio left the ranks of low-tax states in 1994 and has been one of the highest tax states in the nation since 2000. For many, the only practical and realistic solution is to try what other states have already pioneered: adopt a binding constitutional limit on how much state and local governments can spend. These initiatives are also called Tax and Expenditure Limitations, or TELs.
To read a summary of this report click here: Policy Summary: Should Ohio Limit Government Spending and Taxes
To read the entire report click here: Policy Report: Should Ohio Limit Government Spending and Taxes