The State Budget Agency said Thursday that collections through 11 months of the current fiscal year stand about $1 billion
below the budget passed by the General Assembly in June 2009.
Hollywood Bar and Filmworks owner Ted Bulthaup said higher parking rates following Conseco Fieldhouse’s opening
drove his patrons away.
The IRS agreed.
U.S. companies, including Eli Lilly, amassed at least $1 trillion in foreign profits not taxed in the U.S. as of the end of
last year. That cumulative total increased 70 percent over three years.
Too few of the city's revitalization projects are connected by attractive sidewalks, streets, gardens and plazas.
Conseco expects its write-offs will be worth more than $800 million over the next 20 years.
March marked the first time in 17 months that monthly revenue collections exceeded the same period in the prior year. But year-to-date collections remain $867 million below a budget forecast last May.
Federal prosecutors allege man embezzled $1.6 million from a title insurance company.
The new federal health care bill will put 500,000 more Indiana residents on Medicaid and lead to higher state taxes, Gov.
Mitch Daniels said Monday, but a government insurance proponent said it will help families and businesses.
Hoosier legislators are crowing about the deal they just brokered to delay a $400 million state tax hike meant to shore up
Indiana’s bankrupt Unemployment Insurance Trust Fund. Here’s what they’re not touting: the mandatory federal tax increases
every single business in Indiana now faces the next three years.
Businesses care about taxes to be sure, but the availability of a pool of well-trained workers is at the forefront of most business-location decisions.
A job is the
foundation of self-esteem, the linchpin for connecting to the community, the instrument by and through which the individual
connects with the greater international marketplace and derives the income that provides security for the family.
This year, for the first time since the 1980s, when Congress last overhauled Social Security, the retirement program is projected
to pay out more in benefits than it collects in taxes. And its giant coffers have been raided over the years for other government
expenses.
The Indiana General Assembly finally adjourned its 2010 legislative session early Saturday with deals including a one-year
delay on unemployment insurance tax increases and aid for schools reeling from state budget cuts.
Both parties reportedly agreed to tentative deals on the issues that threatened to push the legislative session all the way
to the brink, including a one-year delay for a planned increase in unemployment taxes.
The impasse between the two parties over a delay in an unemployment-tax increase is expected to drag the legislative session
into the weekend. "Nobody is talking right now," says one legislator.
The full Indiana House returned to the Statehouse after a five-day break, but partisan differences remained over an unemployment
insurance tax bill.
Negotiations on some major issues resumed in the Indiana General Assembly on Monday after a meltdown occurred last week.
The Republican-controlled Indiana Senate kept working Friday while House Speaker Patrick Bauer adjourned his Democrat-led
chamber until Wednesday.
Tax collections for February fell $86 million below a revised December forecast. Revenue is down $166 million in the first
three months since that forecast.
The Indiana House approved legislation Wednesday that would repeal an unemployment-insurance tax increase and approved a package
of tax credits and other incentives designed to create jobs.
