Articles

Clawback provisions won’t hurt biz attraction

House Bill 1338 introduces a change to many (but not all) of our state’s tax incentives, adding what is known as a “clawback” provision, offering a reasonable and fair adjustment to our current tax incentives.

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These are leaders?

Whether it’s structuring local government to fit the 21st century, financing sports stadiums, achieving property tax reform or putting the state’s unemployment fund on sound footing, our leaders consistently show their failure to lead.

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It’s time for Colts, fans to pay up

I agree 100 percent that Colts’ owner Jim Irsay should step up to the plate to help bail out the Capital Improvement Board debt and that Colts’ ticket holders should be taxed.

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Tax caps thrill homeowners, assessments chill businesses

Soaring property taxes were arguably Indiana’s biggest problem in 2007. In 2008, the Legislature approved property tax caps
as a solution. But because the caps haven’t been implemented, debate is still raging over the consequences the caps will have
for local governments and whether they should be made permanent.

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Assessor consolidation is a must

We have a long-standing policy of not endorsing political candidates, but there’s no such policy where ballot initiatives
are concerned. So we urge our readers to vote "yes" on assessor consolidation.

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Tax reform fallout worries biz interests

Property tax reform is now Indiana law. Hoosier homeowners are thrilled. But many corporate leaders grumble the historic deal was brokered on the backs of business. Topping their concerns is the new 3-percent property tax cap for commercial and industrial properties, which they fear will slow business expansions and discourage companies from moving headquarters to the state.

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Flood of appeals expected after rushed biz property-tax assessment

In 2005, assessors valued the 559-acre Indianapolis Motor Speedway at $34.4 million for property tax purposes. According to
the latest Marion County reassessment, it now has a market value of $170 million. Thousands of other businesses also would
see extraordinary spikes in property values, according to an IBJ analysis of the latest assessment data.

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