Last year, real-estate developer and art collector Ron Pizzuti opened the doors to the Pizzuti Collection in the Short North, a venue at which to showcase his vast art collection. After purchasing his first piece of art in 1972, he has since amassed more than 1,500 works by artists ranging from Frank Stella to Ai [...]
Proposed capital gains tax sparks controversy
It appears Ohioans will be talking about a capital gains tax cut around the time they elect their next governor.
State lawmakers pushed the issue into the campaign last week when the House Rules Committee moved on a proposal to reduce top income tax rates on capital gains from seven percent to three percent. The bill is scheduled for hearings in late July.
Democrats denounced the action as a way to draw attention to Republican candidate for governor Kenneth Blackwell.
But House Speaker Jon Husted says there’s nothing political about it, which is why he selected term-limited lawmakers to sponsor the bill and run the hearings.
Ohio Democratic Party Chairman Chris Redfern says moving on the bill during the summer, with a vote possible in the fall, is an “election-year gimmick.”