1 00:00:00,120 --> 00:00:03,920 Speaker 1: I want to be an American idiot got put on 2 00:00:03,960 --> 00:00:05,080 Speaker 1: seven hundred WW. 3 00:00:05,240 --> 00:00:08,200 Speaker 2: So what's the state of Ohio taking away from you today? 4 00:00:08,360 --> 00:00:08,479 Speaker 3: Uh? 5 00:00:09,720 --> 00:00:13,600 Speaker 1: Yesterday it was THC drinks, you know, because that's killed 6 00:00:13,600 --> 00:00:16,840 Speaker 1: in a lot of people share today. How about some 7 00:00:17,000 --> 00:00:20,360 Speaker 1: higher taxes. Are you a fan of higher taxes. I'm 8 00:00:20,400 --> 00:00:24,280 Speaker 1: a big fan of higher taxes. So the Ohio legislature, 9 00:00:24,320 --> 00:00:27,360 Speaker 1: the General Assembly, is moving to tax you, mister and 10 00:00:27,400 --> 00:00:30,240 Speaker 1: missus homeowner if you decide that you're going to rent 11 00:00:30,280 --> 00:00:34,720 Speaker 1: out your home like Airbnb or Verbo for a few days. 12 00:00:36,040 --> 00:00:38,640 Speaker 1: Seems to me like a raw deal, you know, new taxes. 13 00:00:38,680 --> 00:00:41,599 Speaker 1: There's no protections in here. Local governments can still ban 14 00:00:41,680 --> 00:00:45,280 Speaker 1: you from doing entirely. Doesn't feel like free enterprise to me. 15 00:00:45,400 --> 00:00:47,640 Speaker 1: Joining the show from the Buckeye Institute in Columbus is 16 00:00:47,680 --> 00:00:48,800 Speaker 1: Greg Laws and Greg. 17 00:00:48,600 --> 00:00:51,000 Speaker 3: Welcome, Thanks for having me on. 18 00:00:51,880 --> 00:00:53,960 Speaker 1: We have this, as you know, being in Ohio, you 19 00:00:54,000 --> 00:00:56,440 Speaker 1: know we have this insane property tax burden going on 20 00:00:56,520 --> 00:00:59,400 Speaker 1: right now, some people paying three hundred percent more property taxes. 21 00:00:59,440 --> 00:01:03,560 Speaker 1: There's a move to eliminate property taxes entirely. And now 22 00:01:03,760 --> 00:01:05,920 Speaker 1: this is this a good idea? 23 00:01:07,160 --> 00:01:09,520 Speaker 3: Well, it's certainly not a good idea to just tax people. 24 00:01:09,720 --> 00:01:14,280 Speaker 3: There's an argument that in some areas that don't have 25 00:01:14,360 --> 00:01:17,440 Speaker 3: like as many hotels, especially some rural areas, that they 26 00:01:18,000 --> 00:01:21,920 Speaker 3: still have what they call visitor and bureau visitor bureau 27 00:01:21,959 --> 00:01:25,959 Speaker 3: conventions that with tourism, that they that there may be 28 00:01:25,959 --> 00:01:28,880 Speaker 3: a need for something. But the concern we have is 29 00:01:28,920 --> 00:01:31,959 Speaker 3: that there are several bills out there, and one of them, 30 00:01:31,959 --> 00:01:35,959 Speaker 3: in particular, unfortunately, House Bill one sixty one, is just 31 00:01:36,160 --> 00:01:40,000 Speaker 3: a tax bill. It just applies the logic tax to 32 00:01:40,080 --> 00:01:43,000 Speaker 3: an airbnb or verbo or any of these short term rentals. 33 00:01:43,160 --> 00:01:46,120 Speaker 3: But it does nothing about what is a growing problem 34 00:01:46,120 --> 00:01:51,080 Speaker 3: in Ohio, which is that local governments are oftentimes preventing 35 00:01:51,080 --> 00:01:55,160 Speaker 3: people from doing it. They're putting bands on airbnbs and verbos. 36 00:01:55,760 --> 00:01:58,720 Speaker 3: That's something that is happening under the home rules stuff. 37 00:01:58,960 --> 00:02:03,840 Speaker 3: I think we've talked about them earlier before, and and 38 00:02:03,920 --> 00:02:07,520 Speaker 3: we think that's a terrible situation. Uh So, you know, 39 00:02:07,560 --> 00:02:09,800 Speaker 3: I'll tell you this, You can't just flat tax on 40 00:02:09,880 --> 00:02:13,480 Speaker 3: something and then just give keep government with the power 41 00:02:13,520 --> 00:02:16,400 Speaker 3: to just continue to stand things. It really is violating 42 00:02:16,440 --> 00:02:20,800 Speaker 3: people's personal property rights. And we think that's the bad idea. 43 00:02:21,160 --> 00:02:22,560 Speaker 2: Yeah, I guess your local municipality. 44 00:02:22,600 --> 00:02:24,320 Speaker 1: If you have a problem with the your HOA can 45 00:02:24,360 --> 00:02:26,359 Speaker 1: ban people from doing that, and you sign your rights 46 00:02:26,400 --> 00:02:28,600 Speaker 1: away when you do that. You buy property there. Here's 47 00:02:28,600 --> 00:02:30,720 Speaker 1: the rules. You want to move there or not. Okay, 48 00:02:30,760 --> 00:02:32,920 Speaker 1: I can't buy round. You know, I own rental property. 49 00:02:33,400 --> 00:02:35,440 Speaker 1: There's someone's I own that that are part of an 50 00:02:35,560 --> 00:02:38,000 Speaker 1: HOA where you can't rent them out. Okay, fine, great, 51 00:02:38,040 --> 00:02:39,919 Speaker 1: but I knew that going ahead of time, coming back 52 00:02:39,960 --> 00:02:42,760 Speaker 1: and then taxing people for something they're already paying taxes 53 00:02:42,800 --> 00:02:46,120 Speaker 1: on seems criminal to me. You're already paying the property tax. 54 00:02:46,480 --> 00:02:48,400 Speaker 1: I got to pay you more tax because I'm renting 55 00:02:48,440 --> 00:02:48,760 Speaker 1: it out. 56 00:02:50,080 --> 00:02:54,360 Speaker 3: Well, the argument is that you have hotels that already 57 00:02:54,360 --> 00:02:56,360 Speaker 3: have these taxes that are applying to them, and I 58 00:02:56,480 --> 00:02:59,519 Speaker 3: and the hotels have have for a long time made 59 00:02:59,560 --> 00:03:02,320 Speaker 3: the case that with the advent of all these new 60 00:03:02,360 --> 00:03:06,200 Speaker 3: things short term rentals, that they're being taxed and that's 61 00:03:06,720 --> 00:03:11,400 Speaker 3: but that's essentially an unfair competition, and that it's making 62 00:03:11,400 --> 00:03:13,560 Speaker 3: sure that they don't have the revenue to go back 63 00:03:13,600 --> 00:03:16,799 Speaker 3: into again some of these various marketing things and stuff 64 00:03:16,840 --> 00:03:20,320 Speaker 3: that happens in different counties for tourism. So that's the 65 00:03:20,480 --> 00:03:23,799 Speaker 3: argument that's there. And you know, first of all, we 66 00:03:23,800 --> 00:03:24,720 Speaker 3: don't like new taxes. 67 00:03:25,000 --> 00:03:25,320 Speaker 2: Guys. 68 00:03:25,400 --> 00:03:29,400 Speaker 3: It's always been against new taxes. But what I testified 69 00:03:29,720 --> 00:03:33,400 Speaker 3: last week took committee on this in the Ohio House Representatives. 70 00:03:33,880 --> 00:03:36,720 Speaker 3: The argument that we made is we certainly don't like 71 00:03:36,800 --> 00:03:38,720 Speaker 3: taxes if you're not going to make sure that people 72 00:03:38,720 --> 00:03:41,160 Speaker 3: are protecting And I think this is the thing that 73 00:03:41,160 --> 00:03:43,840 Speaker 3: it's so to me, we just about what's happening across 74 00:03:43,840 --> 00:03:48,520 Speaker 3: the high most governments is these bands. I get people 75 00:03:48,520 --> 00:03:50,920 Speaker 3: are worried about having a party house in their neighborhoods 76 00:03:50,960 --> 00:03:54,640 Speaker 3: that isn't under control. And there's several things that deal 77 00:03:54,680 --> 00:03:56,680 Speaker 3: with this. First of all, you can still have and 78 00:03:56,680 --> 00:03:59,760 Speaker 3: should still be able to have local loosen flaws and 79 00:03:59,760 --> 00:04:02,360 Speaker 3: things that kind of people are doing crazy stuff or 80 00:04:02,880 --> 00:04:06,480 Speaker 3: you know, having animal house happening and you know next 81 00:04:06,480 --> 00:04:09,080 Speaker 3: door to you. You know, there's ways to address it. 82 00:04:09,520 --> 00:04:13,680 Speaker 3: By the way, folks like Airbnb have policies for the 83 00:04:13,720 --> 00:04:16,400 Speaker 3: platform where if you start doing things like that, you're 84 00:04:16,400 --> 00:04:18,720 Speaker 3: renting it out and you maybe one time you can 85 00:04:18,720 --> 00:04:20,279 Speaker 3: get away with it. But you know, it's like I 86 00:04:20,279 --> 00:04:21,960 Speaker 3: think it's like a three times in you're out sort 87 00:04:21,960 --> 00:04:24,640 Speaker 3: of thing where if this is a recurring pattern and 88 00:04:24,720 --> 00:04:28,200 Speaker 3: you're not taking responsibility in your neighborhood with your property. 89 00:04:28,040 --> 00:04:30,719 Speaker 3: You can't use their platform anymore to rent it out. 90 00:04:31,520 --> 00:04:35,599 Speaker 3: So we have protections for people. We shouldn't be banning them, 91 00:04:35,760 --> 00:04:38,680 Speaker 3: but we certainly shouldn't be taxing people and then not 92 00:04:38,880 --> 00:04:41,159 Speaker 3: guaranteeing that you still can have the right to do 93 00:04:41,240 --> 00:04:42,159 Speaker 3: what you want to with your ro. 94 00:04:42,160 --> 00:04:43,720 Speaker 1: From Yeah, I want to circle back on the zero 95 00:04:43,839 --> 00:04:46,440 Speaker 1: protection argument that you made there, Greg Lawson, and I 96 00:04:46,440 --> 00:04:48,520 Speaker 1: think that's true. You know, we have nuisance laws in 97 00:04:48,560 --> 00:04:50,560 Speaker 1: Cincinnati and I could never figure this out. Is if 98 00:04:50,600 --> 00:04:52,680 Speaker 1: you own property in Cincinnati and you rent it out 99 00:04:52,720 --> 00:04:56,240 Speaker 1: and people are you know, either Airbnb or verbal or 100 00:04:56,360 --> 00:04:58,760 Speaker 1: just rental just you know, regular rental, long term rail, 101 00:04:58,760 --> 00:05:02,599 Speaker 1: short timroil, if those people are causing a problem and 102 00:05:02,640 --> 00:05:05,480 Speaker 1: then you know, causing the neighborhood maybe racing up and 103 00:05:05,520 --> 00:05:07,599 Speaker 1: down the street, or there's trash all over the place, 104 00:05:07,680 --> 00:05:10,919 Speaker 1: or playing loud music right there, nuisance, the city of 105 00:05:10,960 --> 00:05:14,840 Speaker 1: Cincinnati makes somehow the landlord eventually responsible for that. Like no, 106 00:05:15,000 --> 00:05:16,960 Speaker 1: if you're an adult and you're running property and you 107 00:05:17,040 --> 00:05:20,680 Speaker 1: are doing stuff like that, that that that that's on 108 00:05:20,720 --> 00:05:24,360 Speaker 1: the city that's on law enforcement to cite that person 109 00:05:24,360 --> 00:05:26,440 Speaker 1: that shouldn't be on the landlord. I mean, if they're 110 00:05:26,440 --> 00:05:28,039 Speaker 1: in there dealing drugs and I know about it may 111 00:05:28,080 --> 00:05:30,159 Speaker 1: be a different story. But if they're just a nuisance, 112 00:05:30,600 --> 00:05:33,720 Speaker 1: that's the individual's responsibility. I you know, I don't get 113 00:05:33,720 --> 00:05:37,240 Speaker 1: a ticket speeding ticket because you know my son uses 114 00:05:37,320 --> 00:05:38,839 Speaker 1: my car, let's say. And that was the argument with 115 00:05:38,839 --> 00:05:41,800 Speaker 1: speed cameras obviously, is you're citing me for something I 116 00:05:41,839 --> 00:05:42,440 Speaker 1: can't control. 117 00:05:42,520 --> 00:05:44,279 Speaker 2: That's that's on them. Give them the ticket. 118 00:05:45,520 --> 00:05:48,200 Speaker 3: We should the people who are doing the offense of people. 119 00:05:48,200 --> 00:05:50,320 Speaker 3: That should be right. Both that's the law and that's 120 00:05:50,360 --> 00:05:53,120 Speaker 3: exactly right. That's what should happen. Now if you're if 121 00:05:53,120 --> 00:05:56,080 Speaker 3: you're again doing this on an ongoing basis where you're 122 00:05:56,080 --> 00:05:58,000 Speaker 3: not taking care of that the people that you have 123 00:05:58,160 --> 00:06:01,320 Speaker 3: coming in and this is a an isolated incident that's 124 00:06:01,320 --> 00:06:03,280 Speaker 3: happening all the time, I think there may be a 125 00:06:03,320 --> 00:06:04,960 Speaker 3: little bit of a different argument there because at that 126 00:06:05,000 --> 00:06:08,400 Speaker 3: point you are sort of not taking the responsibility with 127 00:06:08,440 --> 00:06:10,320 Speaker 3: your own property at that point, and then you are 128 00:06:10,360 --> 00:06:13,400 Speaker 3: having an effort impact from your neighbors and stuff. But 129 00:06:13,680 --> 00:06:15,960 Speaker 3: the point that it is disturbing about this is when 130 00:06:15,960 --> 00:06:18,840 Speaker 3: when you make these blank determinations by the local governments 131 00:06:18,960 --> 00:06:21,760 Speaker 3: just not doing which is actually, I think really remarkable. 132 00:06:21,800 --> 00:06:24,120 Speaker 3: We need to because you mentioned earlier we have this 133 00:06:24,200 --> 00:06:27,560 Speaker 3: profit tax issue here, and we have local governments who 134 00:06:27,560 --> 00:06:31,080 Speaker 3: should be scared quite a bit about the prospects of 135 00:06:31,120 --> 00:06:33,719 Speaker 3: that making the ballot. Whether it does or not, nobody 136 00:06:33,800 --> 00:06:35,479 Speaker 3: can say for sure at this point because they haven't 137 00:06:35,480 --> 00:06:39,240 Speaker 3: submitted signatures for this constitucial mekema. But if that happens, 138 00:06:39,839 --> 00:06:41,839 Speaker 3: you never believe they're going to want to have some revenue. 139 00:06:41,839 --> 00:06:43,600 Speaker 3: But you're gonna have a hard time having revenue by 140 00:06:43,640 --> 00:06:45,520 Speaker 3: the time you start fanning everybody from being able to 141 00:06:45,560 --> 00:06:47,719 Speaker 3: do those things. It just makes no sense from so 142 00:06:47,800 --> 00:06:48,960 Speaker 3: many different perspectives. 143 00:06:49,040 --> 00:06:49,920 Speaker 2: Well, what is it great? 144 00:06:49,960 --> 00:06:50,159 Speaker 3: Great? 145 00:06:50,160 --> 00:06:50,719 Speaker 2: Where does it end? 146 00:06:50,760 --> 00:06:52,880 Speaker 1: I mean, like, if I'm I use my house, let's say, 147 00:06:52,880 --> 00:06:54,880 Speaker 1: for my small business, do I have to pay an 148 00:06:54,880 --> 00:06:55,640 Speaker 1: extra tax there? 149 00:06:55,880 --> 00:06:56,200 Speaker 2: I don't know. 150 00:06:56,360 --> 00:06:59,559 Speaker 1: My my spouse is really good, makes sour dough bread, 151 00:06:59,560 --> 00:07:01,120 Speaker 1: and she's them some soured oat bread. 152 00:07:01,160 --> 00:07:01,560 Speaker 2: Do I have to? 153 00:07:01,800 --> 00:07:03,960 Speaker 1: I mean, where do win with the taxation here? I'm 154 00:07:03,960 --> 00:07:06,560 Speaker 1: already paying the damn property taxes, We're you're too damn high. 155 00:07:06,600 --> 00:07:09,000 Speaker 1: And now if I rent it out, I've got to 156 00:07:09,000 --> 00:07:12,640 Speaker 1: pay even more. You mentioned to zero protections for the 157 00:07:12,640 --> 00:07:15,000 Speaker 1: whole What does that mean the zero protection area. 158 00:07:15,200 --> 00:07:18,000 Speaker 3: Well, we're basically saying that people have the right to 159 00:07:18,000 --> 00:07:19,840 Speaker 3: be able to make decisions with what they want to 160 00:07:19,880 --> 00:07:22,680 Speaker 3: do with their property. Obviously with the reason you know, 161 00:07:22,760 --> 00:07:24,480 Speaker 3: you know, there are certain things where you can't let 162 00:07:24,480 --> 00:07:26,800 Speaker 3: your property go to the hell and a hand askt 163 00:07:26,840 --> 00:07:30,160 Speaker 3: and stuff of that nature. But this whole notion, and 164 00:07:30,200 --> 00:07:33,680 Speaker 3: it's happening in jurisdiction after jurisdiction where they can come 165 00:07:33,720 --> 00:07:35,679 Speaker 3: in and stop it. And I harp on this point 166 00:07:35,680 --> 00:07:38,320 Speaker 3: because this is not isolating. What this isn't one or 167 00:07:38,320 --> 00:07:40,960 Speaker 3: two jurisdictions, and it isn't just one or two places 168 00:07:40,960 --> 00:07:43,600 Speaker 3: in the state. Really, it's all over the state the proportion, 169 00:07:43,840 --> 00:07:46,960 Speaker 3: So it's not it's not just a regional phenomenon. And 170 00:07:47,000 --> 00:07:49,239 Speaker 3: this is the problem that I see, which is local government, 171 00:07:49,480 --> 00:07:51,720 Speaker 3: you know, kind of running them off with these things. Yeah, 172 00:07:51,920 --> 00:07:53,840 Speaker 3: it's a it's actually a much bigger issue. I mean, 173 00:07:53,840 --> 00:07:56,240 Speaker 3: there's there's a whole bunch of problems frankly with local 174 00:07:56,280 --> 00:07:59,160 Speaker 3: government Inhia, and I think I've molmented some of those 175 00:07:59,200 --> 00:08:03,760 Speaker 3: in the past your show and probably will again we're 176 00:08:03,760 --> 00:08:06,400 Speaker 3: on the same page, and this is just one more 177 00:08:06,440 --> 00:08:09,400 Speaker 3: example of it. So you know, again, UH, there's some 178 00:08:09,440 --> 00:08:11,840 Speaker 3: bills that are out there, by the way, UH that 179 00:08:12,040 --> 00:08:15,960 Speaker 3: would have some degree, would would maybe do the tax, 180 00:08:16,000 --> 00:08:19,320 Speaker 3: but would include prohibitions and preempt local governments from being 181 00:08:19,320 --> 00:08:22,800 Speaker 3: able to do the banning of the short term rentals. 182 00:08:23,280 --> 00:08:25,840 Speaker 2: How does how does local How does the home rule 183 00:08:25,840 --> 00:08:26,360 Speaker 2: apply there? 184 00:08:26,400 --> 00:08:29,640 Speaker 3: Though, well, I'm sure they'll sue uh and make an 185 00:08:29,720 --> 00:08:33,160 Speaker 3: argument that that's violation. But if it's written the right way, 186 00:08:33,640 --> 00:08:36,360 Speaker 3: the legislature does have the ability to write laws that 187 00:08:36,400 --> 00:08:40,480 Speaker 3: are of statewide applicability. Now that's a will. Sometimes it's 188 00:08:40,520 --> 00:08:42,280 Speaker 3: been in the eye of beholder, and there's been a 189 00:08:42,320 --> 00:08:45,600 Speaker 3: lot of push and pull, frankly between the General Assembly 190 00:08:45,840 --> 00:08:49,959 Speaker 3: and local governments, especially in recent years, over many different things. 191 00:08:50,000 --> 00:08:55,400 Speaker 3: There's been Second Amendment issues, there's been issues like plastic bags, UH, 192 00:08:55,520 --> 00:08:58,720 Speaker 3: some jurisdictions way into band cracking, and so there's all 193 00:08:58,760 --> 00:09:00,000 Speaker 3: these various things that have happened. 194 00:09:00,320 --> 00:09:00,920 Speaker 2: We've made the. 195 00:09:00,880 --> 00:09:03,400 Speaker 3: Case of the buck I speak, that the general simply 196 00:09:03,440 --> 00:09:05,959 Speaker 3: had the right to be able to do preemption because 197 00:09:06,000 --> 00:09:10,320 Speaker 3: if you allow all these locals to prevent all sorts 198 00:09:10,320 --> 00:09:12,920 Speaker 3: of different activity. Short term rentals, it's certainly one of them. 199 00:09:13,160 --> 00:09:15,360 Speaker 3: But you know, we're seeing this with data centers too 200 00:09:15,400 --> 00:09:19,320 Speaker 3: now coming out, so we're seeing a lot of these things, 201 00:09:19,640 --> 00:09:22,240 Speaker 3: and the general simply has acted in the past to 202 00:09:22,440 --> 00:09:25,320 Speaker 3: say no, you can't do that. They and we think 203 00:09:25,360 --> 00:09:29,240 Speaker 3: that under certain circumstances that is an appropriate thing, because 204 00:09:29,280 --> 00:09:31,440 Speaker 3: what you end up with is you end up with 205 00:09:31,679 --> 00:09:34,040 Speaker 3: a you know, it's sort of a little bit of 206 00:09:34,040 --> 00:09:36,280 Speaker 3: a joke to say it this way, but it's a 207 00:09:36,320 --> 00:09:40,160 Speaker 3: crazy patchwork of different regulations and US terurisdictions. But that 208 00:09:40,320 --> 00:09:42,880 Speaker 3: makes it hard to do different things. And it's one 209 00:09:42,920 --> 00:09:46,440 Speaker 3: of the problems Ohio has, and it's a mid Western 210 00:09:46,480 --> 00:09:49,439 Speaker 3: state issue in general because of sort of the history there. 211 00:09:49,480 --> 00:09:51,600 Speaker 3: But when you look at southern states and you look 212 00:09:51,600 --> 00:09:53,400 Speaker 3: at Western states, and you look at things that are 213 00:09:53,440 --> 00:09:57,520 Speaker 3: really growing with populations that are really expanding. You know, 214 00:09:57,559 --> 00:09:59,199 Speaker 3: you can talk about the weather and stuff, and I'm 215 00:09:59,200 --> 00:10:02,520 Speaker 3: sure that has some degree of influence, but it's taxes. 216 00:10:02,600 --> 00:10:06,720 Speaker 3: It's regulations and kind of taxes and regulations now are 217 00:10:06,760 --> 00:10:08,840 Speaker 3: worse at the local level than they are at the 218 00:10:08,840 --> 00:10:11,599 Speaker 3: state level. Well, that is something that she needs to 219 00:10:11,640 --> 00:10:11,960 Speaker 3: deal with. 220 00:10:12,040 --> 00:10:13,319 Speaker 2: Yeah, I mean, look at it this way. 221 00:10:13,400 --> 00:10:15,960 Speaker 1: Kathy Hochele, governor in New York State, she went on 222 00:10:16,000 --> 00:10:17,960 Speaker 1: Camp Patriot said, hey, listen, you know, if you're if 223 00:10:17,960 --> 00:10:20,040 Speaker 1: you're a billionaire, if you've got all this money, uh, 224 00:10:20,160 --> 00:10:22,120 Speaker 1: we don't want you here unless you're gonna pay your 225 00:10:22,160 --> 00:10:24,760 Speaker 1: fair share. Well, guess what I just saw a study 226 00:10:24,800 --> 00:10:28,080 Speaker 1: where a huge number of them have moved to Texas, 227 00:10:28,200 --> 00:10:32,000 Speaker 1: cal I think Arizona, California, some some of California, don't 228 00:10:32,000 --> 00:10:34,840 Speaker 1: know why, but to Texas primarily. And now she's she's 229 00:10:34,880 --> 00:10:38,040 Speaker 1: begging those people to come back because they you know, 230 00:10:38,160 --> 00:10:39,719 Speaker 1: she guys said, I'm gonna screw you when it comes 231 00:10:39,760 --> 00:10:40,240 Speaker 1: to Texas. 232 00:10:40,280 --> 00:10:41,360 Speaker 2: You should be paying your fair share. 233 00:10:41,400 --> 00:10:46,120 Speaker 1: Well guess what liberal Democrat or conservative Republican aside, they 234 00:10:46,120 --> 00:10:47,800 Speaker 1: all moved out of the state and now they don't 235 00:10:47,840 --> 00:10:49,880 Speaker 1: have enough money to pay for their what it is 236 00:10:49,880 --> 00:10:51,880 Speaker 1: they want to do. The same thing would apply here. 237 00:10:51,920 --> 00:10:55,680 Speaker 1: I mean Indiana, Florida and Arizona also do this as well, 238 00:10:55,679 --> 00:10:58,520 Speaker 1: where they blocked local short term rental bands in Ohio 239 00:10:58,520 --> 00:11:00,240 Speaker 1: wants to be next by the way, Greg law since 240 00:11:00,280 --> 00:11:03,120 Speaker 1: here from Buckeye Institute in Columbus, as the state of 241 00:11:03,200 --> 00:11:07,199 Speaker 1: Ohio yesterday took the THG drinks away. Today higher taxes 242 00:11:07,200 --> 00:11:09,280 Speaker 1: at the top of the insane property tax were paying. Now, 243 00:11:09,280 --> 00:11:10,680 Speaker 1: if you want to rent out your home of a 244 00:11:10,679 --> 00:11:14,280 Speaker 1: weekend as someone, they want to tax you and there's 245 00:11:14,280 --> 00:11:16,920 Speaker 1: no protections there for you, basically meaning they're going to 246 00:11:16,960 --> 00:11:19,840 Speaker 1: tax the activity and not protect your right to do it. 247 00:11:20,760 --> 00:11:22,760 Speaker 1: And you know you could pay taxes today and face 248 00:11:22,800 --> 00:11:25,520 Speaker 1: a local band tomorrow in your state or in your 249 00:11:25,559 --> 00:11:28,680 Speaker 1: township municipality. HOA is different because that's part of the 250 00:11:28,720 --> 00:11:31,840 Speaker 1: deal when you buy something in an HOA. But Greg Lawson, 251 00:11:31,880 --> 00:11:34,360 Speaker 1: I can't help but think back to all of these 252 00:11:34,760 --> 00:11:37,560 Speaker 1: seismic shifts, these change agents that happened in the world 253 00:11:39,000 --> 00:11:41,160 Speaker 1: back in the day when Uber and Lyft came along. 254 00:11:41,240 --> 00:11:43,640 Speaker 1: I remember tax I remember the cab drivers Like at 255 00:11:43,800 --> 00:11:47,079 Speaker 1: CBG at the airport, we're up an arms saying wait, well, 256 00:11:47,080 --> 00:11:49,480 Speaker 1: hold on just a second. If you have these independent 257 00:11:49,480 --> 00:11:51,400 Speaker 1: people coming in not panting tax they're not paying all 258 00:11:51,440 --> 00:11:55,319 Speaker 1: these fees and fares, what about they wanted to protect 259 00:11:55,320 --> 00:11:57,280 Speaker 1: their industry. I think the same thing is happening here 260 00:11:58,920 --> 00:12:01,480 Speaker 1: with the rentals. This has got to be the hotel 261 00:12:01,520 --> 00:12:04,400 Speaker 1: motel industry that pays an exorbitant amount of taxes, Like 262 00:12:04,440 --> 00:12:06,280 Speaker 1: every time we raise a tax, well, we'll just add 263 00:12:06,320 --> 00:12:07,880 Speaker 1: to the luxury check. We'll just add to the hotel 264 00:12:07,920 --> 00:12:10,720 Speaker 1: motel tax on this. And when you get a hotel 265 00:12:10,800 --> 00:12:13,520 Speaker 1: night for I don't know, one hundred and fifty bucks, 266 00:12:13,720 --> 00:12:15,480 Speaker 1: you get the bill and it's like, you know, almost 267 00:12:15,520 --> 00:12:18,160 Speaker 1: two hundred dollars are probably more than two hundred because 268 00:12:18,280 --> 00:12:20,320 Speaker 1: of the taxes added on here. I feel for the 269 00:12:20,559 --> 00:12:25,480 Speaker 1: established businesses like hotels motels in this case taxes, I 270 00:12:25,480 --> 00:12:29,520 Speaker 1: mean New York City alone, the price of a hack medallion, 271 00:12:29,520 --> 00:12:32,679 Speaker 1: which basically is a transferable physical license plate that's a 272 00:12:32,720 --> 00:12:34,959 Speaker 1: round circle to medallion and they attach it to the 273 00:12:35,000 --> 00:12:38,000 Speaker 1: hood of a yellow cab in New York the cost 274 00:12:38,040 --> 00:12:41,240 Speaker 1: of one of those medallions is now over a million dollars. 275 00:12:41,280 --> 00:12:44,240 Speaker 1: So from a business perspective, it doesn't seem fair that 276 00:12:44,360 --> 00:12:46,560 Speaker 1: they're competing with uber and left drivers who don't have 277 00:12:46,600 --> 00:12:47,680 Speaker 1: to pay that exorbitant tax. 278 00:12:47,720 --> 00:12:49,000 Speaker 2: I think this is the same model. 279 00:12:50,080 --> 00:12:51,880 Speaker 3: Well, I think this is a broad that's a big 280 00:12:51,920 --> 00:12:54,400 Speaker 3: question about taxation and what's a fair tax where everybody 281 00:12:54,520 --> 00:12:57,480 Speaker 3: is and when you're nailing certain people, they're going to 282 00:12:57,480 --> 00:12:59,920 Speaker 3: get very upset about the new entrance into the marketplace, 283 00:13:00,360 --> 00:13:02,439 Speaker 3: and so they're gonna you know, they prefer them to 284 00:13:02,480 --> 00:13:04,640 Speaker 3: you know, not enter the marketplanes, but they certainly want 285 00:13:04,679 --> 00:13:06,520 Speaker 3: them to do that. And that's just where you start 286 00:13:06,559 --> 00:13:09,839 Speaker 3: hearing about the level playing field argument, which on one 287 00:13:09,880 --> 00:13:13,240 Speaker 3: hand is correct. That's an economic theory. It says it 288 00:13:13,240 --> 00:13:15,280 Speaker 3: it's a right thing to do is to make sure 289 00:13:15,320 --> 00:13:18,079 Speaker 3: that people that are similar kinds of businesses aren't being 290 00:13:18,880 --> 00:13:23,760 Speaker 3: disproportionately impacted one versus another because of a specific rule 291 00:13:24,200 --> 00:13:27,079 Speaker 3: or in taxation. You want it to be fair across 292 00:13:27,080 --> 00:13:29,559 Speaker 3: the board. And so that's certainly the argument they're using. 293 00:13:29,600 --> 00:13:31,520 Speaker 3: And I think you have to look at what are 294 00:13:31,520 --> 00:13:33,959 Speaker 3: we doing with these revenues. I mean, we've had lodging 295 00:13:34,000 --> 00:13:35,880 Speaker 3: tetch for a while, and unfortunately it's a sort of 296 00:13:35,880 --> 00:13:39,400 Speaker 3: scene that the Sophiallo counters like kind of right, because 297 00:13:39,880 --> 00:13:42,280 Speaker 3: what you're essentially saying is we're going to raise the 298 00:13:42,320 --> 00:13:45,040 Speaker 3: revenue on the backs of people who don't necessarily live 299 00:13:45,840 --> 00:13:47,760 Speaker 3: so that we can do that. Now, you know, I 300 00:13:47,760 --> 00:13:50,440 Speaker 3: mean they that is, I mean, Florida certainly does do 301 00:13:50,520 --> 00:13:52,080 Speaker 3: that with some of their taxes and stuff, because they 302 00:13:52,080 --> 00:13:55,520 Speaker 3: have a lot of tourism and stuff. That comes through there. Uh, 303 00:13:55,760 --> 00:13:57,839 Speaker 3: and so I get what the rationale is, but we 304 00:13:58,160 --> 00:14:00,200 Speaker 3: need to be really careful how we think about this. 305 00:14:00,280 --> 00:14:02,840 Speaker 3: And when we're doing this, and you occasionally see bills 306 00:14:02,880 --> 00:14:05,600 Speaker 3: and or things and budget builds and stuff, they'll had 307 00:14:05,600 --> 00:14:08,680 Speaker 3: an additional thing for one visitor Beuera overs another visitors bureau. 308 00:14:08,960 --> 00:14:10,880 Speaker 3: And I'm not trying to just brag on them. They 309 00:14:10,920 --> 00:14:13,920 Speaker 3: can't help to raise awareness, to get it, do certain 310 00:14:13,920 --> 00:14:18,560 Speaker 3: things to build the infrastructure to bring in concert or 311 00:14:18,600 --> 00:14:21,760 Speaker 3: conferences or what are sporting events and stuff like that, 312 00:14:21,880 --> 00:14:24,560 Speaker 3: and so there may be sum rationale for some of that, 313 00:14:24,920 --> 00:14:27,120 Speaker 3: but we need to be very careful when we're applying 314 00:14:27,160 --> 00:14:28,840 Speaker 3: this and then when we start ap playing it to 315 00:14:28,920 --> 00:14:32,000 Speaker 3: new people, we need to really think about what we're 316 00:14:32,040 --> 00:14:35,000 Speaker 3: doing and how we're spending the existing resources that we have. 317 00:14:35,200 --> 00:14:37,280 Speaker 1: Greg Laws and Buckeye and watch out for it. It's 318 00:14:37,320 --> 00:14:41,520 Speaker 1: House Bill one sixty one, come in for more property taxes. 319 00:14:41,560 --> 00:14:44,960 Speaker 1: Basically what this is all the best, Thanks again, Budd, appreciate. 320 00:14:44,600 --> 00:14:45,720 Speaker 3: You, Thank you. 321 00:14:46,160 --> 00:14:48,040 Speaker 1: We'll get a news update in here momentarily on the 322 00:14:48,080 --> 00:14:50,000 Speaker 1: big one seven hundred w Ody. This is why I 323 00:14:50,000 --> 00:14:51,160 Speaker 1: wake up in the morning and to see how we're 324 00:14:51,160 --> 00:14:53,120 Speaker 1: going to get screwed the next day and then talk 325 00:14:53,160 --> 00:14:56,360 Speaker 1: to you about it. Coming up next, Andy Schaeffer, we'll 326 00:14:56,400 --> 00:14:57,960 Speaker 1: look at the other side of this thing. If you're 327 00:14:57,960 --> 00:14:59,960 Speaker 1: hearing this, go oh, it's too much. Hold on just 328 00:15:00,080 --> 00:15:01,720 Speaker 1: a second. I got some information for it. It's going 329 00:15:01,760 --> 00:15:03,520 Speaker 1: to make you a little bit happier today, despite all 330 00:15:03,520 --> 00:15:04,560 Speaker 1: the craziness in the world. 331 00:15:05,000 --> 00:15:06,680 Speaker 2: Simply money. Next seven hundred ww