Taxes

Legislators collide over regional mass-transit plan

September 10, 2013
Kathleen McLaughlin
During a committee meeting Tuesday, Sen. Brent Waltz and Rep. Ed DeLaney crossed swords on a proposal that included widening roads and reforming the IndyGo bus service.
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State collections miss target, but beat 2012 levels

September 8, 2013
Associated Press
The report released by the State Budget Agency said Indiana's general fund revenue fell about 5 percent below the latest target.
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T-shirt printer scoping Indy for new facility, 105 jobs

August 2, 2013
 IBJ Staff
Little Raymond's Print Shop Inc. has requested a property-tax break on $975,000 in manufacturing equipment needed for its screen-printing facility.
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Anderson Speedway fights bill for overdue taxes

August 1, 2013
Associated Press
Madison County officials say the company that owns the race track owes $125,000 in overdue property taxes. The Speedway believes it has been charged too much.
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Aviation tax changes making Indiana skies friendlier

July 7, 2013
Associated Press
Indiana began exempting aviation fuel and maintenance and service work on planes from its 7-percent state sales tax effective Monday. It has substituted a flat 10 cents-per-gallon excise tax for fuel purchases.
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Hostess prepares to open plant despite tax-break question

June 25, 2013
Kathleen McLaughlin
Hostess Brands LLC has asked the city for a tax abatement on $10 million in new equipment. City officials might decide on July 3, but Hostess is moving ahead with its plans to reopen the plant that closed in November.
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City to review tax breaks for five tech firms

June 20, 2013
Kathleen McLaughlin
The biotech and technology companies could see their Marion County tax abatements reduced or cancelled if officials decide they didn't fulfill promises on new investment and hiring.
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Indiana schools seeing more success with tax hikes

May 12, 2013
Associated Press
Indiana school districts that won voters' approval last week for the majority of the tax increases they had sought to boost school funding may be becoming more skilled at selling the public on the need for those tax hikes.
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Hamilton County voters approve school referendums

May 7, 2013
 IBJ Staff
A $95 million expansion of Fishers and Hamilton Southeastern high schools, and a $28 million project to expand Noblesville High School were approved by voters Tuesday.
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State's April tax receipts beat latest forecast

May 3, 2013
 The Statehouse File
The first monthly revenue report since lawmakers passed a new two-year state budget came in 4 percent higher than projections made just a few weeks ago.
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Residents decry Fortville's big annexation plans as land grab

April 29, 2013
Andrea Muirragui Davis
Property owners southeast of Geist Reservoir are vowing to fight involuntary annexation of a 9-square-mile area by the town of Fortville, which would add $53.5 million to its property tax base.
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Online sales tax push dies in Indiana Legislature

April 26, 2013
Associated Press
An effort to require Amazon.com and some other online-only retailers to start collecting Indiana's 7-percent sales tax this summer has fallen short in the Legislature.
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Budget includes tax cut, more school, road funds

April 25, 2013
Associated Press
Indiana taxpayers will see their personal income tax rate reduced by 5 percent over the next four years under a budget plan agreed to Thursday by lawmakers. The plan also repeals the inheritance tax retroactive to Jan. 1.
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Mass Ave business owners split over proposed district tax

April 24, 2013
Kathleen McLaughlin
Opponents of a proposed tax to pay for improvements throughout the cultural district have accused tax advocates of rigging the proposal to ensure its passage.
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Senate bill jeopardizes tax-free online shopping

April 22, 2013
Associated Press
States could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the U.S. Senate on Monday.
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Online sales-tax proposal hits Senate roadblock

April 18, 2013
Associated Press
Republican state senators have blocked a vote on a bill that would force Amazon.com and some other online-only retailers to start collecting Indiana's 7-percent sales tax this summer.
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Pence makes final plea for tax cut in budget

April 17, 2013
Associated Press
While arguing for a 10-percent cut in the state's income tax, Pence also said he would like to see a quicker phase-out of the state's inheritance tax.
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Indiana Senate approves $30B budget, partial tax cut

April 9, 2013
Associated Press
The plan keeps much of the additional education spending that House Republicans added to their budget proposal in February. But the Senate package also includes a $150 million cut to personal income taxes.
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Revenue forecast could swing Pence's tax-cut hopes

April 9, 2013
Kathleen McLaughlin
The state revenue forecast due out April 16 will influence the next two-year budget and possibly help Gov. Mike Pence sell lawmakers on his proposed 10-percent income-tax cut. Experts predict the numbers won't be much different from those in the last forecast.
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Senate budget pushes highway expansion, small tax cuts

April 4, 2013
 IBJ Staff and Associated Press
Indiana lawmakers and Gov. Mike Pence drew closer to a budget compromise Thursday with the unveiling of a $30 billion Senate plan that cuts the state income tax by $150 million and establishes a new roads fund.
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Senators stalling Indiana online sales-tax proposal

March 29, 2013
Associated Press
Some key state senators are sidelining a bill that would make Amazon.com and other online-only retailers start collecting Indiana's 7-percent sales tax this summer.
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Bill would expand state’s historic preservation tax credit

March 29, 2013
 The Statehouse File
Legislation that was killed last year after passing the Indiana House has been revived this session in hopes of spurring more historic renovation across the state.
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Higher payroll taxes take toll on restaurants

March 28, 2013
Associated Press
So far, 2013 has been "a roller coaster ride" for Indiana eateries, according the state trade association's president. Industry observers say a 2-percent increase in the payroll tax is a likely culprit in a nationwide sales decline.
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Pence, Bosma try to keep reins on intraparty tax battle

March 25, 2013
Associated Press
Republicans typically invoke Ronald Reagan's "11th Commandment" when they're fighting within the family, and there's been plenty of infighting recently over Gov. Mike Pence's tax cut at the Statehouse.
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Bosma faults tea party group, Pence for tax-cut woes

March 21, 2013
Associated Press
House Speaker Brian Bosma says a national tea party group's "erroneous" campaign ads have made it harder for lawmakers to support Gov. Mike Pence's proposal to cut Indiana's income tax by 10 percent.
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  4. Elected officials, like Mourdock, get vested in 8 years. It takes 10 years for all other public employees, most of whom make a lot less money. So much for the promise to finish out his term.

  5. Great state treasurer and a good man!! Just curious if the folks who didn't quite understand his quote would like to tell my daughter-in-law that God didn't intend her! Mourdock's comment was correct but twisted and the article didn't mention that his opponent and the press let the impression stand that Mourdock meant that the rape was intended. Stupid people!!

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