Curator Melissa Wolfe talks about the inspiration we can all take away from the Columbus Museum of Arts newest exhibition showcasing the work of home town hero George Bellows. George Bellows and the American Experience through January 4, 2014. This exhibition follows on the heels of a major retrospective of the artist organized by the [...]
Ohio Senate Removes Income-Tax Cut From Budget, Keeps Biz Tax Cut
State senators in Ohio are pulling what’s left of Republican Gov. John Kasich’s proposed income-tax cut from the state budget for now in favor of tax relief targeted at small businesses.
The Tuesday move by the GOP-led Ohio Senate’s Finance Committee comes as a blow to Kasich, who pledged to reduce Ohio’s statewide income tax if elected.
The Ohio House had retained 7 percent of the 20 percent permanent income-tax cut originally proposed by Kasich.
The Senate instead restored a small-business benefit also proposed by Kasich, which allows individuals to deduct up to $375,000 in net annual business income for income tax purposes.
Leaders said debate on income-tax breaks will continue.
The Senate tax plan is worth roughly $1.4 billion, compared with about $1.5 billion for the House plan.