Articles

Indiana schools seeing more success with tax hikes

Indiana school districts that won voters' approval last week for the majority of the tax increases they had sought to boost school funding may be becoming more skilled at selling the public on the need for those tax hikes.

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Budget includes tax cut, more school, road funds

Indiana taxpayers will see their personal income tax rate reduced by 5 percent over the next four years under a budget plan agreed to Thursday by lawmakers. The plan also repeals the inheritance tax retroactive to Jan. 1.

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Revenue forecast could swing Pence’s tax-cut hopes

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.

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Higher payroll taxes take toll on restaurants

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.

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