Dogma Crumbles as Kasich Fights Own Party to Tax Ohio’s Drillers
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After ousting Ohio’s Democratic governor in 2010 by promising a “business-friendly” climate, Republican John Kasich on March 14 called for higher taxes on oil and gas drillers and environmental rules that his administration says no other state requires.
As a result, Kasich, 59, a former U.S. congressman, Fox News commentator and Lehman Brothers Holdings Inc. investment banker, is fighting his own party over a plan that he says would ensure that Ohioans, not just out-of-state corporate shareholders, benefit from an energy boom.