Indiana becomes epicenter of campaign battles over Trump trade policies
Tariffs are weighing heavily on the tossup U.S. Senate contest between Democratic incumbent Joe Donnelly and Republican Mike Braun.
Taxes
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Trump might announce middle class tax-cut plan days before crucial midterms
The president offered no details on the proposal, which would follow a landmark tax overhaul last year that Republicans had hoped would ensure they’d keep control of Congress after the midterms.
Lawmakers consider tax-credit changes, another round of Regional Cities funding
Economic development officials from across the state presented a plan to the Fiscal Policy Committee that would establish a $100 million regional development tax credit and offer $150 million more for the Regional Cities Initiative.
Governor’s plan to hike toll-road fees receives final approval
The amendment to the state’s agreement with the private operator of the Indiana Toll Road requires the company to pay the state $1 billion and invest an additional $50 million in toll road improvements.
Race on for Indianapolis Public Schools to get voters to OK tax hikes
With less than two months until Election Day, the effort to pass two referendums to increase funding for Indianapolis Public Schools is gaining momentum.
Indiana governor’s proposed toll road hike criticized for secrecy
A proposed fee increase on heavy-duty commercial vehicles that use the Indiana Toll Road was negotiated without legislative involvement and with considerable secrecy, according to some Indiana lawmakers.
Indiana lawmakers consider crackdown on unsolicited calls
Lawmakers are looking into toughening the state's regulations for telephone solicitation to combat unwanted, and often illegal, sales calls.
As economy booms, U.S. cities report slowing revenue growth
The biggest drags on municipal finances stem from rising wages and the need to rehabilitate aging infrastructure.
State signs $77M contract to upgrade tax administration technology
The Department of Revenue will install and implement the new technology over four years, modernizing a system that has been in use for more than 25 years.
State settles sales tax lawsuit with four online retailers
American Catalog Mailers Association and NetChoice initially filed the suit against the state in June 2017, and Wayfair Inc. and Overstock.com joined the lawsuit in August 2017.
Tax appeals mushroom as Lilly, city squabble over years of assessments
The Indianapolis-based drugmaker has appealed its annual tax bill for its two massive campuses south of downtown every year since 2012.
Indiana gaming regulators enlist market experts to study sports betting legalization
In late July, the Indiana Gaming Commission entered into a two-year contract with Eilers & Krejcik Gaming LLC, a market analysis firm specializing in the nation’s burgeoning sports wagering industry.
Who’s in, out in small business tax break? It’s complicated
New rules floated by the Trump administration lay out what kinds of businesses can take a 20 percent deduction against income taxes under the new tax law.
Campaign for IPS referendums gets a $100K boost from advocacy group
Stand for Children Indiana will also launch a vast door-knocking campaign in support of two referendums requesting an extra $272 million from taxpayers, the group announced Thursday.
Study: ‘Medicare for all’ would hike government health spending by $32.6T
The latest plan from Sen. Bernie Sanders would require historic tax increases as government replaces what employers and consumers now pay for health care, according to the analysis released Monday.
UPDATE: Indianapolis Public Schools again scales back referendum to win chamber support
The new proposal—which comes after a week of intense negotiations between the district and the chamber—passed 5-0 at a meeting Tuesday night.
Companies head for hearings to slow down tariffs on Chinese imports
Indiana-based Kimball Electronics said it might be forced to move manufacturing outside of the United States to avoid Trump’s tariffs on diodes and electric integrated circuits.
Auto industry cries foul as Trump moves toward car tariffs
President Trump’s latest plan is to consider slapping tariffs on imported autos and auto parts—a move he says would aid American workers but that could inflate car prices and make U.S. manufacturers less competitive.
Noblesville district seeks tax hike to fund more security at schools
Noblesville Schools announced Tuesday that it wants to expand its operating referendum on the Nov. 6 ballot. The hike would bring in an additional $50 million over eight years while doubling taxes under the current referendum.
Indiana finishes fiscal year with surplus, but corporate income taxes shrink
Indiana's sales and income taxes grew during fiscal year 2018, but corporate tax revenue was $318 million less than the previous year and $100 million less than projected.