Taxes

Payroll tax hike loomingRestricted Content

February 23, 2009
Peter Schnitzler
Shoring up the state's jobless-fund shortfall likely will cost employers and employees more.
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Trickiest legislative issues remain far from resolutionRestricted Content

February 23, 2009
Ed Feigenbaum
Positive action, action for the sake of action, and inaction were all on tap in the General Assembly in recent days as lawmakers prepared to wrap up the first half of the session.
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Activity at Statehouse picks up, but how much is getting done?Restricted Content

February 16, 2009
Ed Feigenbaum
After a surprisingly slow month of January, the pace of legislative action picked up considerably during the first two weeks of February.
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It's time for Colts, fans to pay upRestricted Content

February 16, 2009
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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Local contractors looking to sewer project to fill gap left by stadium, terminalRestricted Content

February 16, 2009
Chris O'Malley
Local contractors will be ready to pounce when bidding on the first parts of the combined overflow project begins in 2011.
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Tax caps thrill homeowners, assessments chill businessesRestricted Content

December 29, 2008
Peter Schnitzler
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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Beech Grove government bracing for budget cutsRestricted Content

December 22, 2008
Property-tax caps should help Hoosier homeowners save a bundle next year.
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Tax-cap bill, jobless fund among top business issues during legislative sessionRestricted Content

December 22, 2008
Scott Olson
Several major issues with business implications are expected to receive ample attention when legislators convene next month, particularly the continuing saga of property-tax relief and the state's ability to pay jobless benefits.
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Communities making tough choices will be better offRestricted Content

December 1, 2008
Mike Hicks
During the coming weeks, a number of Indiana cities and counties will be coming to terms with their new budget realities.
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Assessor consolidation is a mustRestricted Content

November 3, 2008
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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Residents to decide fate of township assessorsRestricted Content

November 3, 2008
Peter Schnitzler
In this election, citizens must decide whether the assessing duties of the elected township assessor in the township should be transferred to the county assessor.
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Tax reform fallout worries biz interestsRestricted Content

March 24, 2008
Peter Schnitzler
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 assessmentRestricted Content

March 17, 2008
Peter Schnitzler
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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SPECIAL REPORT: Center Township trustee taps taxpayers for millions

February 11, 2008
Peter Schnitzler
At an aging building at 863 Massachusetts Ave., they pass through a metal detector and wait in line to show a clerk their identification and copies of overdue bills. Center Township Trustee Carl Drummer sometimes helps. The Trustee's Office received an average of $6.9 million each of the last seven years, mostly from taxes, to provide poor relief-now known as township assistance. But only about $2 million reached the penniless each year, with much of the difference covering administrative overhead....
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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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