Friday, Jul 01, 2016
One of America's Great Newspapers ~ Toledo, Ohio

State

Ujvagi fails to gain new tax to fund training, scholarships

COLUMBUS - The House Finance Committee last night rejected Democratic amendments that would have taxed sales of investment metals, coins, and bullion to fund scholarships for military widows and widowers, revive a training program for women, and fund the Afro-American Museum near Dayton.

"I absolutely can't think of any action we could possibly take that would be a better and greater example of return on investment on our tax dollars than this [Women in Transition/Displaced Homemakers Program]," said Rep. Peter Ujvagi (D., Toledo), sponsor of two of the three amendments.

Mr. Ujvagi said elimination of the exemption would have raised between $700,000 and $1 million. The three amendments would have used $200,000 of that for the scholarships, $374,490 to saving the training program from the chopping block, and $95,312 for the museum.

Mr. Ujvagi targeted the sales exemption after The Blade reported the controversial $50 million investment of the Ohio Bureau of Workers' Compensation in a rare-coin fund operated by prominent Toledo area Republican and coin dealer Tom Noe.

Points of Interest
Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…