Become part of the movement for unbiased, accessible election information. Donate today.

John Kasich presidential campaign, 2016/Taxes

From Ballotpedia
Jump to: navigation, search


BP-Initials-UPDATED.png Ballotpedia's scope changes periodically, and this article type is no longer actively created or maintained. It may also contain neutrality issues.


John-R-Kasich-circle.png

Former presidential candidate
John Kasich
Political offices:
Governor of Ohio
(2011-2019)
U.S. House, Ohio, District 12
(1983-2001)
Ohio State Senate
(1979-1983)
Kasich on the issues:
Taxes • Banking policy • Government regulations • International trade • Budgets • Agricultural subsidies • Federal assistance programs • Foreign affairs • Federalism • Natural resources • Healthcare • Immigration • Education • Abortion • Gay rights
Republican Party Republican candidate:
Donald Trump
Ballotpedia's presidential election coverage
2028 • 2024 • 2020 • 2016


This page was current as of the 2016 election.

  • In an interview with The Washington Times published November 1, 2015, John Kasich said he would allow American companies conducting business overseas to repatriate income earned abroad without penalties. “I’m for bringing the taxes down, and I’m for repatriation at no charge. Just bring the money back. I would let them bring it back, and then I would have a territory program where you don’t get double-taxed. You pay taxes where you do your operations. If you do an operation in Poland, then you get taxed there. And then you bring your profits home,” Kasich said of his plan[1]
  • Kasich unveiled "The Kasich Action Plan" on October 15, 2015. The proposal called for reducing the number of tax brackets from seven to three; lowering the top individual tax rate from 39.6 percent to 28 percent; and capping the long-term capital gains tax rate at 15 percent, helping those in the highest income tax bracket. Kasich's plan also included a drop in the top business tax rates from 35 percent to 25 percent. The proposal would also eliminate the estate tax; double the research and development tax credit for small businesses; and increase by 10 percent the earned income tax credit, which was designed to help lower-income taxpayers. Kaisch said he would also balance the budget in eight years by freezing most spending except for the military.[2] [3]
  • In the run up to the launch of his campaign to run for president on July 21, 2015, Kasich said that he was exploring a flat tax. [4] [5]
  • Kasich has been governor of Ohio since 2011 and under his watch the state has enacted $5 billion in tax cuts, eliminated Ohio's estate tax, cut the state income tax 16 percent, eliminated the income tax for many small businesses, and provided targeted tax relief to low-and middle-income workers, according to his campaign website. [6]
  • In March 2014, Kasich proposed a gradual 8.5 percent decrease in income taxes over three years. The proposal included increases in cigarette, commercial activity, and drilling taxes to make up for the loss.[7] [8]
  • Kasich signed the Taxpayer Protection Pledge, which was sponsored by Americans for Tax Reform. In signing, Kasich promised to "oppose and veto any and all efforts to increase taxes."[9]

Recent news

This section links to a Google news search for the term John + Kasich + Taxes


John Kasich Taxes News Feed

See also

Footnotes

  1. ↑ The Washington Times, "John Kasich wants new tax system for offshore profits, smaller government," November 1, 2015
  2. ↑ U.S. News & World Report, "Tax cuts, spending freeze part of GOP candidate Kasich's ambitious plan to balance budget," October 15, 2015
  3. ↑ John Kasich for President, "Kasich Action Plan," accessed October 16, 2015
  4. ↑ The Columbus Dispatch "Kasich flirts with Steve Forbes’ flat tax" June 8, 2015
  5. ↑ Cincinnati Enquirer "Would John Kasich take controversial tax plan national?" July 20, 2015
  6. ↑ Kasich Campaign Website "Issues" "Fiscal Responsibility and Balancing Budgets" accessed Sept. 24, 2015
  7. ↑ 10 TV, “Kasich Releases Budget, Pushes For Increases In Drilling & Tobacco Taxes," March 11, 2014
  8. ↑ Cincinnati Enquirer "Kasich: 'You won't get lower taxes' without hikes" Feb. 25, 2015
  9. ↑ Americans for Taxpayer Reform, “John Kasich Signs the Taxpayer Protection Pledge," June 4, 2010
v • e
2016 United States Presidential Election
OverviewsPresidential Elections-2016-badge.png
Candidate profiles
Path to the presidency
Policy positions
On the campaign trail
Ballotpedia's battleground poll • Campaign preparations • Political and leadership attributes • Presidential campaign trackers and opposition researchers
Campaign staff
Debates
Analysis
The media's coverage of Donald Trump • The media's coverage of Hillary Clinton

Post-debate analysis overview
Democratic: April 14, 2016 (CNN) • March 9, 2016 (Univision) • March 6, 2016 (CNN) • February 11, 2016 (PBS) • February 4, 2016 (MSNBC) • January 17, 2016 (NBC) • December 19, 2015 (ABC) • November 14, 2015 (CBS) • October 13, 2015 (CNN)
Republican: March 10, 2016 (CNN) • March 3, 2016 (FNC) • February 25, 2016 (CNN) • February 13, 2016 (CBS) • February 6, 2016 (ABC) • January 28, 2016 (FNC) • January 14, 2016 (FBN) • December 15, 2015 (CNN) • November 10, 2015 (FBN) • October 28, 2015 (CNBC) • September 16, 2015 (CNN)

Insiders Poll: First Democratic debate (October 13, 2015) • Presidential Nominating Index: Clinton remains choice of Democratic Insiders • Presidential Nominating Index: Bush remains choice of Republican Insiders • Insiders Poll: Winners and losers from the Fox News Republican Debate


Retrieved from "https://ballotpedia.org/wiki/index.php?title=John_Kasich_presidential_campaign,_2016/Taxes&oldid=10498494"