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 [...]
Updated Budget Bill May Include Tax Hike and Tax Cut
Republican Gov. John Kasich’s budget update bill comes out today, and it could include a tax hike to pay for a tax cut.
This election year budget correction bill Kasichâ€™s team calls the mid-biennium review is expected to include another income tax cut, mostly likely paid for at least in part by an increase in the stateâ€™s $1.25 per pack cigarette tax.
Shelly Kiser is with the American Lung Association, who says a good sized increase could bring hundreds of millions of dollars.
â€œThe only time we would be against a cigarette tax is if it is too small. We say at least 50 cents to encourage people to quit,” says Kiser.
But Kasich may face an uphill battle, since the legislature is dominated by Republicans who have opposed tax increases in general. But heâ€™s also likely to propose a new severance tax on oil and gas drillers, having said that the one House Republicans put together last year isnâ€™t enough.