Taxes
Councilor seeks review of city's TIF-district strategy
February 11, 2012
Cory SchoutenBrian Mahern, a Democrat on the City-County Council, plans to propose a study commission to examine the effectiveness of TIF
districts, how property tax caps will affect them, and ways to increase transparency for the complicated financing vehicles.
MoreIndiana tax collections below target for January
February 7, 2012
Associated PressIndiana's state tax collections came in slightly below projections for January, the first monthly shortfall since the
new state budget year began last July.
MoreShould Indiana phase out inheritance tax?
January 28, 2012
Supporters of new legislation say the wealthy shouldn't have to leave the state to avoid the tax.
MoreState's gambling jackpot starts to shrink
January 28, 2012
Kathleen McLaughlinIndiana casinos saw their take from gambling fall in 2011, and new competition in Ohio and perhaps other neighboring states
virtually guarantees things will get worse from here.
MoreIndiana Senate to consider changing tax-refund plan
January 19, 2012
Associated PressAn Indiana Senate committee is advancing a plan to put more money into state savings accounts before automatic tax refunds
go out to taxpayers.
MoreIndiana reaches online sales tax deal with Amazon.com
January 9, 2012
IBJ Staff and Associated PressAmazon.com will begin collecting Indiana's 7-percent sales tax from customers in 2014 under an agreement with the state
announced Monday.
MoreIndiana lawmaker: Online tax could replace estate tax
January 3, 2012
Associated PressState Sen. Luke Kenley is floating the idea of using an online sales tax to help replace revenue that wouldn't be collected
if a proposal to eliminate the state's inheritance tax becomes law.
MoreBudget official: State was warned about tax collections
December 14, 2011
Associated PressDemocrat Erik Gonzalez of the state's budget-forecasting committee said his panel warned the Indiana Department of Revenue
something was wrong with corporate tax collections two years before the state discovered it misplaced $320 million.
MoreComplex accounts made it easy for state to miss $320M
December 11, 2011
Associated PressIndiana House and Senate Democrats say they want an investigation into how the money went missing for so long. They submitted
a letter to the state's budget forecasting committee requesting an independent audit of the state's finances.
MoreDaniels says state discovers extra $300 million
December 6, 2011
Associated PressIndiana Gov. Mitch Daniels says the state budget will see a one-time cash infusion of $300 million from tax collections that
weren't properly transferred into the general fund.
MoreEDITORIAL: State can't afford to lose online sales tax
December 3, 2011
The risk is that requiring online retailers to remit the sales tax will chase them away. We think the potential payoffs are
worth taking the chance.
MoreAfter hiking taxes, Illinois now considers easing them
November 30, 2011
Associated PressLess than a year after raising personal and corporate income taxes, Illinois officials are pushing a $250 million package
of tax breaks for several prominent businesses threatening to leave for more tax-friendly states, including Indiana.
MoreIndiana retailers making push for online sales tax
November 29, 2011
Associated PressA new coalition of Indiana retailers is planning a lobbying push aimed at convincing state lawmakers to force online businesses
to collect the state's 7-percent sales taxes from customers.
MoreStudy: State loses millions annually in online sales taxes
November 22, 2011
Scott OlsonThe report from the Indiana Fiscal Policy Institute says the state loses $40 million to $114 million every year in sales tax
revenue from sales to online retailers such as Amazon.
MoreHomeless advocates pitch local sales-tax hike
November 15, 2011
Kathleen McLaughlinCHIP, the Coalition for Homelessness Intervention and Prevention, said it wants Marion County taxpayers to create a permanent,
dedicated source of funding for housing and services.
MoreLawmakers looking for solutions to online sales tax issue
November 4, 2011
Francesca JaroszAt least one Indiana lawmaker plans to file a bill requiring the state to collect sales taxes from online retailers like Amazon.com.
Other state lawmakers are working on a federal solution.
MoreIndiana continues modest tax-collection gains
November 3, 2011
Associated PressThe state announced Thursday it took in nearly $41 million more than expected last month. The state overshot its estimates
by a modest 3.8 percent although collections are vastly improved from a year ago.
MoreSimon sues state over sales-tax loophole for Amazon.com
November 3, 2011
Cory SchoutenSimon Property Group Inc. has filed suit against the Indiana Department of Revenue in an attempt to force the state to collect
sales taxes from Amazon.com Inc.
MoreCharities disagree on potential impact of tax change
October 29, 2011
Kathleen McLaughlinNot-for-profit-sector lobbyists are fighting President Obama’s proposal to limit the tax deduction for charitable donations.
Yet some local fundraisers who could be affected by it aren’t concerned.
MoreCourt sides with racinos in tax dispute with state
October 27, 2011
Francesca JaroszA federal bankruptcy court has sided with two Indiana racinos in a dispute over their tax burdens, a ruling that could reduce
the total amount they pay into state coffers by as much as $30 million per year.
MoreIndiana senator pushes taxing online sales
October 19, 2011
IBJ Staff and Associated PressSen. Luke Kenley, R-Noblesville, plans to ask his Statehouse colleagues Thursday to help him lobby Congress for the right
to tax online sales.
MoreLilly gets dinged for job cuts
October 10, 2011
J.K. WallEli Lilly and Co. got called out in a recent report on companies that took advantage of the 2004 tax holiday on foreign profits
and have since slashed jobs.
MoreIndiana doles out $60 million interest payment to feds
October 8, 2011
IBJ StaffThe state owes $2 billion in federal unemployment insurance debt.
MoreMarion County could get windfall from property tax sale
October 1, 2011
IBJ StaffThe sale of tax-delinquent properties brought in $13 million above the city’s expenses.
MoreDynasty trusts growing in popularity among super-rich
September 17, 2011
Francesca JaroszA tool allowing the super-wealthy to pass assets from one generation to the next without paying taxes is resurging among Hoosier
investors.
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Mike, I am confused by your message, what is it besides hiding behind a flag, a song, and a symbol. I am surpised you can find Indiana, you and your phony "Washington" outsider mentality. You are a legend in your own mind, come and see what it is like to work and live in this state. You are a lifelong politician, admit it and carry on.
Why not exclude all places that cater to the rich. Private clubs should not have rules: rules are for the serfs only. In fact, we should subsudize the private clubs, they should not pay property or sales taxes. You go rich and powerful, rules are not for you.
Poor little LadyJ! Typical Democommie. In case it got past you, the dems have totally screwed this country in the past 3+ years. We have a democommie in the White House who apparently never read the Constitution, while claiming to be a constitutional scholar. We had a democommie-controlled Congress (opposite of PROGRESS?)passing bills that "we'll have to pass before we know what's in it". This impostor president has violated the U. S. Constitution too many times to count. The Attorney General is a race-baiting gunrunner that refuses to stop illegal immigration. And, the head of NASA, a once-proud agency that put several men on the moon, is now our liason to the murderous Muslims. Great job, democommies! Sometimes I wish they really would try to take our guns.
Pat Bauer try t do right about the state but the Republican leader and all of them did not think of us. Only the money they will get from their rich corporation. Of Course the Democrats had union, so I won't vote for Bosma or whatever his name is.
Well you are talking about Republican, did all of the Damage in this state. Sure the Democrats did some but most is the Republican. The Republican set us back not going forward. Hurry passed bills won't listen to any amendment our way only. The Republicans drew up these district so they could win again. Which is a crying shame. I will not vote for any Republican and I got the list who voted for the RTW Bill and who didn't. Tired of the Republicans