Taxes

CIB rescue plan counts on new hotel being big successRestricted Content

April 13, 2009
Peter Schnitzler
The Marion County Capital Improvement Board's bailout depends on the success of Indianapolis' new downtown JW Marriott convention hotel.
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Focused, clear direction is needed to end recessionRestricted Content

April 6, 2009
The solution to ending the current recession is not more trillion-dollar debt on future social health care, education and energy ideas, nor any increase in taxes.
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Gambling habit puts state at riskRestricted Content

April 6, 2009
The state's overreliance on gambling, what once seemed like easy money, is becoming a major concern to taxpayers.
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Clawback provisions won't hurt biz attractionRestricted Content

March 30, 2009
Mike Hicks
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?Restricted Content

March 9, 2009
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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Raising already-lofty lodging levy could cause convention planners to bypass IndianapolisRestricted Content

March 2, 2009
Scott Olson
Raising Indianapolis' tax on hotel rooms — already one of the highest rates in the nation — could be the tipping point that causes conventioneers to bypass Indianapolis, some industry experts say.
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Unemployment taxes could break small bizRestricted Content

March 2, 2009
Raising the taxes to 5 percent-6 percent for a company like mine would be devastating, even though I have few employees.
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Here's the solution to economic crisisRestricted Content

March 2, 2009
Replacing all sales taxes with an import tax/tariff is among several reforms that would solve the nation's economic crises.
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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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