Thanks to the brand-new two-year state budget, if you make more than $100,000, you鈥檙e getting a 20% income tax cut. If you own the Cleveland Browns, you can lay claim to $600 million from the state鈥檚 unclaimed funds account鈥攚ithout filling out the paperwork.
There鈥檚 a lot more in the state budget, but those were the big headlines as Gov. DeWine signed it into law and made 67 line-item vetoes.
His vetoes were only mildly surprising or controversial. He nixed a plan to allow counties to reduce property taxes if school districts had a lot of money in their savings accounts.
He vetoed a mandate that libraries put LGBTQ material out of reach of minors. He also vetoed a provision that would have cut funding to homeless shelters that 鈥減romote or affirm social gender transition.鈥�
星空无限传媒 News Director Mark Ferenchik joins the show.
Snollygoster of the week
Gov. DeWine signed the budget and left intact a plan to give the Cleveland Browns $600 million to help them build a new domed stadium near Cleveland.
The owners of the Browns, Jimmy and Dee Haslam鈥攚hose net worth Forbes magazine estimates at $8.5 billion鈥攃ertainly have the resources to build their own dome for the Browns.
Well, the Haslams are also the majority owners of the Columbus Crew鈥攖he Major League Soccer team that plays in a new stadium, which also received some taxpayer support.
The day after Gov. DeWine signed the $600 million subsidy for the Haslams and the Browns, the news outlet Sportico reported that the Haslams were selling 10% of their stake in the Crew to another owner. If you do the math, the Crew are worth an estimated $900 million鈥攕o 10% would be $90 million.
It鈥檚 probably a fairly routine business deal for a billionaire, but it鈥檚 pretty shrewd to disclose it the day after.
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