Rep. Kent Smith (D-Euclid) issued the following statement in response to reports that the CEO of Ohio’s privatized economic development entity received a $122,634 pay increase this year for a total salary just shy of a half million dollars: 


“It is no wonder that more and more people in Ohio and across our nation feel the deck is stacked against them and the rules are rigged in favor of the wealthy few. When the state’s corporate CEO gets a $122,634 raise to almost half a million dollars in pay, while working people struggle to make enough to send their kids to college, buy a house and pay their bills – a two dollar wage increase seems fair for working people in our state.


“Unfortunately, Governor Kasich is determined to stick with failed trickle-down economic policies, demonstrated by the extravagant pay raises given to wealthy Ohioans within his administration. With the extra $122,634 a year bump, JobsOhio CEO Minor now earns three times as much as the last Director of Development. Meanwhile, Ohio continues to lag behind the national average in median household income, and over a quarter of all Ohio jobs are considered low-wage occupations.


“I am certain 99 percent of Ohioans can’t recall the last time they got a 36 percent or higher raise, let alone for two years in a row. This really is the difference between Democrats and Republicans in Ohio. Rep. Craig and I want to give one million Ohioans a two dollar raise – Governor Kasich wants to give one man a $122,634 raise.”


Democratic legislators recently announced their “Focus on The Future” economic agenda, which includes a bill that would increase the state’s minimum wage by two dollars. 

 
 
 
  
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State Reps. Kent Smith (D-Euclid) and Kristin Boggs (D-Columbus) today announced a new plan to assist struggling communities hit hardest by Governor Kasich’s budget cuts and tax shifting policies over the past several years. Since taking office, Gov. Kasich cut over $1.7 billion in local community funding. Over 70 cities have lost at least $1 million each year due to Kasich’s budgeting and tax decisions, and 12 small cities have lost at least $2 million each, per year.



 
 

Cleveland-area Lawmakers Say Ohio Could "amp Up" Economic Growth Through Music Industry

 

State Reps. Kent Smith (D-Euclid) and Sarah LaTourette (R-Bainbridge) today announced a bi-partisan effort to create jobs and drive economic growth by making Ohio a destination for the recording industry. The Ohio Sound Recording Investor Tax Credit, also known as OhioSounds, will work to attract more of the almost $7 billion in annual music industry revenue to the state. 

“Ohio is the birthplace of legendary musicians, unforgettable songs and ‘Rock N’ Roll’,” said Rep. Smith. “OhioSounds honors our proud legacy and works to cultivate a winning model moving forward. Ohio can become a destination for musicians, producers and industry leaders who will create jobs and strengthen our local economies. The OhioSounds tax credit will solidify our commitment to Ohio’s musical heritage and create new music that will provide the soundtrack to our lives.”

“Much like the Ohio film tax credit, this legislation seeks to incentivize investment in Ohio and create jobs in a dynamic industry,” Representative LaTourette stated. “Northeast Ohio has seen quite an investment in response to the film tax credit, with major motion pictures filmed on the streets of Cleveland and throughout our region. Given our history as the birthplace of Rock n’ Roll, it just makes sense to extend that incentive to the music industry and embrace our heritage as musical innovators.”