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Bill Reineke: “The tangible personal property or the TPP is kind of a…”

Featuring: Bill Reineke, Republican | Ohio State Senate, District 26

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Ohio Senate Podcast: Energy and Transportation Policy Discussion with Rob McCauley, Shane Wilkin, and Bill Reinecke

Published | Video Starts at 04:22

First of all, what is TPP and why is it helping helpful to then apply that to the new rate to new generations? Well, it's significant because The tangible personal property or the TPP is kind of a regressive tax of bygone years. And we don't really have it in place too much except on projects that have already been in place for many, many years. So we're allowing, we have driven, we've drawn a line in the sand. (04:22–04:28)

CLAIM

Asserts that TPP is considered a regressive tax from the past.

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