Indiana House passes bill to cut corporate tax rates
Indiana's corporate income tax rate would be cut by nearly 25 percent over the next four years under a plan the Indiana House has approved.
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Daniels wants taxpayer refund back in budget
Indiana Gov. Mitch Daniels has written lawmakers to urge them to restore an automatic taxpayer refund that was removed from a budget proposal this week.
Statehouse fight continues over bank-insurance fund
Indiana lawmakers likely will avoid tapping an obscure bank-insurance fund to help bolster state coffers, but bankers may not survive the battle completely unscathed.
UPDATE: Extra tax dollars aimed at full-day kindergarten
A projected increase in state revenue should allow all Indiana school districts to provide full-day kindergarten, a long-time goal of the governor and many education officials.
HICKS: Economic activity stalls when taxes rise
We know from long experience that, if you raise taxes, you get less economic activity, even if higher tax rates make some people work harder.
Parties near deal for hospital tax
Officials from Indiana Medicaid and a hospital trade group are trying to craft a deal that would create a tax on hospitals that would help attract more federal funds for hospitals—thereby offsetting looming cuts in state payments.
Indiana March revenues come in more than expected
The state took in $977.2 million in March, up $69 million, or 8 percent, from the same month a year ago.
Tax caps lead to painful budget cuts in some counties
Indiana homeowners and businesses have seen their tax bills cut by more than $655 million since the General Assembly approved property tax caps in 2008. But the savings have been tough for some local governments.
Corporate income tax plan hinges on budget hurdles
A tight Indiana budget could thwart efforts in the Indiana General Assembly to improve the state economic climate by lowering the corporate income tax.
Indiana overpays localities $610M over 3 years
State budget officials are seeking to recoup much of nearly $610 million overpaid to local governments in fiscal years 2009, 2010 and 2011 due to income tax revenue estimates thrown off by the lingering recession.
Daniels signs jobless-fund bill that unions fought
Indiana Gov. Mitch Daniels signed into law Thursday a plan aimed at fixing Indiana’s debt-ridden unemployment fund that labor unions had opposed because it will reduce jobless benefits for some people while softening business tax increases.
Panel OKs plan to cut Indiana corporate tax rate
A proposed cut of more than 20 percent in the state's corporate income tax rate would improve Indiana's business climate without hurting the state budget, the leader of the Indiana Senate's tax committee said Wednesday.
Indiana moving ahead with plan to fix jobless fund
Legislators aren't holding up a plan to fix Indiana's debt-ridden unemployment insurance fund as they wait to see whether the federal government will put off charging the states interest on what they owe.
HICKS: Trimming government fat tough, but necessary
Recognizing inefficiency in government is far more difficult than rhetoric suggests. The private sector has the blessing of the profits to guide decisions.
Lawmakers eye cutting corporate taxes
Legislators are moving ahead with a plan to cut Indiana's corporate income tax by about 40 percent while holding off on phasing out the state inheritance tax.
‘Clean energy financing districts’ face tough sell at Statehouse
Districts would finance solar panels and other clean-energy projects through special tax levies on participating properties.
Indiana took in more revenue than expected in January
So far this fiscal year, collections are ahead of the state's forecast by $78 million, or 1.1 percent.
Indiana officials hope to capitalize on Illinois’ tax woes
Governor, economic development officials look to lure companies to Indiana that now may find doing business in Illinois too costly. But a few experts question whether the state will see any immediate benefits.
Indiana senator set to propose lower corporate tax
Republican Sen. Brandt Hershman of Lafayette, who chairs the Senate Tax Committee, says Indiana’s corporate income tax is seen as a hindrance to job creation.
Neighboring states gleeful over Illinois tax increase
Neighboring states are plotting to take advantage of what they consider a major economic blunder and lure business away from Illinois.