GCP supports income tax increase that will benefit those who live, work in Cleveland
Opposes two initiatives that would threaten jobs in Cleveland
The Greater Cleveland Partnership (GCP) Board of Directors has voted to support efforts to improve services for those living and working in Cleveland and to create a safer and more attractive city for frequent visitors through a ballot initiative that will raise the income tax by 0.50 percent.
The tax would help to grow and develop Cleveland neighborhoods by giving the city the ability to increase services on multiple levels. The city has not had an income tax increase in almost 30 years.
“We took more than three months to survey our members—and that includes from small, one- or two-person businesses, middle-market companies, as well as global corporations—to find out what they thought, “said GCP President and CEO Joe Roman.
“The consensus from this very diverse group of employers was that new revenues are needed to help keep the city’s economic momentum moving forward. These additional tax dollars can be neighborhood builders.”
The business community also remains focused on efforts that responsibly raise skills and wages. Therefore, the GCP has endorsed a four-year renewal of the 15-mill operating levy that supports the Cleveland Metropolitan School District (CMSD) – with 1 mill set aside for partnering with high-quality charter schools.
Alternatively, the GCP is opposing two separate issues – a Cleveland-only minimum wage increase and a Cleveland-only part-time workers’ initiative - that will hinder job creation, business growth and the overall momentum the City of Cleveland is now experiencing. Read more.