Articles

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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Kenley drops out as sponsor of mass-transit bill

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.

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Love-hate relationship with D.C. money grows

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.

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Senate budget leader: Schools, roads need boost

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.

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Indiana, Kentucky brace for new casino in Cincinnati

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.

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Let the sequester begin: Senate fails to block spending cuts

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.

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