COLUMBUS - Franklin Co. Commissioner Mary Jo Kilroy (D-Columbus) made a direct appeal to families and the middle class today by releasing her tax cut proposals, which would be made for specific financial priorities rather than income tax relief.
Kilroy wants a college tuition tax credit worth up to $5,000 annually; increasing the child tax credit to 35 percent to a maximum of $2,100 for families earning up to $200,000; a $1,200 credit for the first $6,000 in elderly care expenses; $1,000 per person credit ($2,000 per family) for health insurance coverage otherwise lost between job, and finally a 401(k) match from the federal government of 25 percent up to $1,000 per year.
"You know I remember the month of August very well when my two daughters were in college because that meant a big payment we had to make - writing those checks to help them pay their tutition, pay their room-and-board, get those books purchased," Kilroy said, adding she understands families want help to pay for college.
more >