The state revenue forecast due out April 16 will influence the next two-year budget and possibly help Gov. Mike Pence sell lawmakers on his proposed 10-percent income-tax cut. Experts predict the numbers won’t be much different from those in the last forecast.
Indiana lawmakers and Gov. Mike Pence drew closer to a budget compromise Thursday with the unveiling of a $30 billion Senate plan that cuts the state income tax by $150 million and establishes a new roads fund.
Some key state senators are sidelining a bill that would make Amazon.com and other online-only retailers start collecting Indiana's 7-percent sales tax this summer.
Legislation that was killed last year after passing the Indiana House has been revived this session in hopes of spurring more historic renovation across the state.
So far, 2013 has been “a roller coaster ride” for Indiana eateries, according the state trade association’s president. Industry observers say a 2-percent increase in the payroll tax is a likely culprit in a nationwide sales decline.
Republicans typically invoke Ronald Reagan's "11th Commandment" when they're fighting within the family, and there's been plenty of infighting recently over Gov. Mike Pence's tax cut at the Statehouse.
House Speaker Brian Bosma says a national tea party group’s “erroneous” campaign ads have made it harder for lawmakers to support Gov. Mike Pence’s proposal to cut Indiana’s income tax by 10 percent.
Already skeptical of a mass-transit plan for the Indianapolis metro area, influential Sen. Luke Kenley said he decided it was inappropriate to be listed as a sponsor without giving the bill his unqualified support.
Eli Lilly and Co. and five other big drugmakers avoided paying $7 billion in U.S. taxes last year by shifting their profits overseas. The strategy has drawn the ire of some legislators.
On the same day last week that state budget director Chris Atkins announced Indiana would be able to tough out a series of automatic federal budget cuts, Lt. Gov. Sue Ellspermann announced the creation of a new office that will lobby for more federal defense spending.
Indiana lawmakers have been aggressive in cutting taxes in recent years, the state Senate's top budget writer said Thursday as his committee started reviewing a spending plan that leaves out Republican Gov. Mike Pence's proposed 10-percent income tax cut.
Indiana agencies are cutting jobless benefits, furloughing National Guard members and losing food funds for the Women Infants and Children program because of the automatic federal budget cuts, officials said Monday.
With a glistening $400 million casino set to open in downtown Cincinnati on Monday, officials and casino executives in two neighboring states are looking at the development with trepidation as they prepare to watch tax dollars flow into Ohio.
The $85 billion in across-the-board federal cuts are set to kick off on Friday, but will fall into place gradually over several months. The Obama administration has pulled back on its earlier warnings of long lines developing quickly at airports and teacher layoffs affecting classrooms.
Indiana Gov. Mike Pence is taking his pitch for a 10-percent cut in the personal income tax around the state after failing to lock down support for his signature legislative priority inside the Statehouse.
The Federal Aviation Administration says control towers at airports in Gary, Muncie, Bloomington, Terre Haute, Columbus and West Lafayette could close if federal budget cuts take effect Friday.
Indiana Gov. Mike Pence has signed into law a one-year delay on new calculations for property taxes on farmland. The bill was the first one Pence has signed into law since becoming governor last month.
The Indiana House has signed off on a measure that would let local residents vote for higher taxes to pay for a $1.3 billion expansion of the public transportation system.
ExactTarget Inc. could get a 10-year tax break on an unspecified investment in new equipment if the City-County Council agrees to designate several parcels tied to the Indianapolis-based company as a "high technology district."
House Republicans blocked a vote Thursday on Gov. Mike Pence's proposed tax cut, fending off — at least for now — an attempt by Democrats to force them into the awkward position of rejecting one of the new GOP governor's top legislative priorities.
