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.
Recognizing inefficiency in government is far more difficult than rhetoric suggests. The private sector has the blessing of the profits to guide decisions.
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.
Districts would finance solar panels and other clean-energy projects through special tax levies on participating properties.
So far this fiscal year, collections are ahead of the state's forecast by $78 million, or 1.1 percent.
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.
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 are plotting to take advantage of what they consider a major economic blunder and lure business away from Illinois.
An Indiana lawmaker worried about the dangers posed by retention ponds wants nearby homeowners to foot the bill of erecting safety barriers such as guardrails.
When lawmakers open their new session Wednesday, they won't have some of the advantages they had during the last budget-writing debate in 2009. This time around, there will be no $1 billion in federal stimulus money to keep the budget afloat.
The State Department of Revenue estimates the change will affect about 1 million taxpayers and save the state about $200,000 in the next fiscal year.
Millions of homeowners, however, might feel like they got a lump of coal. Homeowners who don’t itemize their deductions will lose a tax break for paying local property taxes.
Acting with uncommon speed, Congress sent President Barack Obama sweeping, bipartisan legislation late Thursday night to avoid a Jan. 1 spike in income taxes for millions and renew jobless benefits for victims of the worst recession in 80 years.
Republican Congressman Mike Pence says he won't vote for the massive tax cut package coming before the House on Thursday, because he believes it "will do little to create jobs."
With Republicans firmly in control of the Indiana General Assembly, businesses have a better chance of achieving some of their legislative objectives than they have for years.
Legislature will consider redistricting along with controversial education issues.
Scarce resources promise to vex lawmakers charged with writing a new budget when the Legislature convenes in January.
State lawmakers plan to propose reducing Indiana’s corporate income tax rate next year in a move they say will make the state a more appealing place for businesses to locate.
A Fountain Square group led by neighborhood business owners hopes to create an “economic improvement district” for the up-and-coming neighborhood, where additional tax revenue could be used for everything from litter cleanup and marketing to capital improvements.
U.S. health insurers, including WellPoint Inc., can include the cost of federal taxes in determining whether they spend enough on patient care, the U.S. Health and Human Services Department said Tuesday.
