Taxes

Indiana, Kentucky brace for new casino in Cincinnati

March 3, 2013
Associated Press
With a glistening $400 million casino set to open in downtown Cincinnati on Monday, officials and casino executives in two neighboring states are looking at the development with trepidation as they prepare to watch tax dollars flow into Ohio.
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Let the sequester begin: Senate fails to block spending cuts

February 28, 2013
Associated Press
The $85 billion in across-the-board federal cuts are set to kick off on Friday, but will fall into place gradually over several months. The Obama administration has pulled back on its earlier warnings of long lines developing quickly at airports and teacher layoffs affecting classrooms.
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Pence moves outside Indy to find tax cut support

February 27, 2013
Associated Press
Indiana Gov. Mike Pence is taking his pitch for a 10-percent cut in the personal income tax around the state after failing to lock down support for his signature legislative priority inside the Statehouse.
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Pence signs bill delaying new farmland taxes

February 27, 2013
Associated Press
Indiana Gov. Mike Pence has signed into law a one-year delay on new calculations for property taxes on farmland. The bill was the first one Pence has signed into law since becoming governor last month.
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Six Indiana airports could see control towers close

February 27, 2013
Associated Press
The Federal Aviation Administration says control towers at airports in Gary, Muncie, Bloomington, Terre Haute, Columbus and West Lafayette could close if federal budget cuts take effect Friday.
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House advances central Indiana transit measure

February 25, 2013
Associated Press
The Indiana House has signed off on a measure that would let local residents vote for higher taxes to pay for a $1.3 billion expansion of the public transportation system.
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City mulls creation of 'high tech district' for ExactTarget

February 25, 2013
Cory Schouten
ExactTarget Inc. could get a 10-year tax break on an unspecified investment in new equipment if the City-County Council agrees to designate several parcels tied to the Indianapolis-based company as a "high technology district."
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GOP House blocks Dems' push for Pence tax-cut vote

February 21, 2013
Associated Press
House Republicans blocked a vote Thursday on Gov. Mike Pence's proposed tax cut, fending off — at least for now — an attempt by Democrats to force them into the awkward position of rejecting one of the new GOP governor's top legislative priorities.
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A2SO4 architectural firm reopens after temporary closure

February 21, 2013
Scott Olson
The firm in historic Union Station had been ordered to shut down by the state because it owed more than $43,000 in delinquent taxes, but the state appears to have been mistaken in its decision.
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Mass-transit bill amended, ready for House vote

February 21, 2013
 The Statehouse File
A bill to let voters authorize higher taxes in central Indiana to pay for an expanded mass-transit system is ready for a full vote in the House after an amendment restricted who would be affected by it.
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Senate OKs Indianapolis Motor Speedway funding plan

February 19, 2013
Associated Press
A plan providing up to $100 million in state funding toward improvements at the Indianapolis Motor Speedway has won approval from the Indiana Senate.
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Legislature backs delay for Indiana farmland tax hike

February 18, 2013
Associated Press
New calculations for property taxes on Indiana farmland would be delayed for a year under a proposal approved by the state Legislature.
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Major Indiana casino overhaul faces doubts in Statehouse

February 15, 2013
Associated Press
The leader of the Indiana House is hesitant about the chances of an overhaul of state casino taxes and regulations aimed at helping them against growing competition from surrounding states.
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Senate bill would stop paying gambling counties

February 15, 2013
 The Statehouse File
The change would save the state $24 million in 2015 and another $48 million each year thereafter—all money that's now being collected from gambling taxes and sent to cities, towns and counties.
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Bill to support Speedway with state taxes passes committee

February 14, 2013
Anthony Schoettle
The Indiana Senate Appropriations Committee on Thursday morning unanimously passed a bill that would capture state tax money generated at the Indianapolis Motor Speedway and give it back to the track to improve the facility.
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Architectural firm A2SO4 ordered to cease operations

February 12, 2013
Chris O'Malley
The Indiana Department of Revenue has revoked the Indianapolis firm's retail merchant certificate, alleging it owes more than $43,000 in taxes.
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Speedway businesses eye gains from IMS upgrade

February 11, 2013
 IBJ Staff
Nearby businesses hope upgrades to the Indianapolis Motor Speedway from a proposed state taxing district would pave the way for additional offerings at the venue, including night racing.
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Senators look to sunset city's ticket, excise tax hikesRestricted Content

February 9, 2013
Legislator says the recent tax increases aren't being used for the purpose intended when such increases were authorized in 2009.
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Earlier online sales tax collection clears Indiana House

February 4, 2013
Associated Press
Amazon.com and other online-only retailers would have to start collecting Indiana's 7-percent sales tax this summer under a bill approved overwhelmingly by the Indiana House.
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City-County Council approves north-side TIF district

January 29, 2013
Kathleen McLaughlin
A new redevelopment area will be created on the north side, as the Indianapolis City-County Council voted 23-5 Monday night in favor of the North Midtown tax-increment finance district.
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Top senators eye state's sales tax for road needs

January 24, 2013
Associated Press
Indiana lawmakers looking to plug a hole in state transportation spending are considering diverting the state's sales tax on gasoline to transportation.
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Bill aimed at boosting Indiana casinos advances

January 23, 2013
Associated Press
The Senate Public Policy Committee voted 9-0 in support of a bill that would overhaul the state's casino taxes, along with allowing Indiana's 10 riverboat casinos to move inland to adjacent property and permit live table games at the two horse track casinos.
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Marion County assessor bracing for more tax appeals

January 23, 2013
Scott Olson
Marion County property-tax appeals from the 2012 assessment are due Monday and will add to a backlog of roughly 27,000 existing appeals from previous years that the office is continuing to wade through.
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Bill seeks earlier date for online retailers to collect taxes

January 17, 2013
 The Statehouse File
Hoosiers may be required to pay a 7-percent sales tax on top of their Amazon purchases starting July 1 if a proposed House bill is adopted.
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Mass transit group kicking off promotional campaign

January 10, 2013
Indy Connect, the local initiative supporting a $1.3 billion expansion of the transit system, plans to begin an advertising campaign for the proposal on Friday.
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  1. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

  2. Andrew hit the nail on the head. AMTRAK provides terrible service and that is why the state has found a contractor to improve the service. More trips, on-time performance, better times, cleanliness and adequate or better restrooms. WI-FI and food service will also be provided. Transit from outlying areas will also be provided. I wouldn't take it the way it is but with the above services and marketing of the service,ridership will improve and more folks will explore Indy and may even want to move here.

  3. They could take the property using eminent domain and save money by not paying the church or building a soccer field and a new driveway. Ctrwd has monthly meetings open to all customers of the district. The meetings are listed and if the customers really cared that much they would show. Ctrwd works hard in every way they can to make sure the customer is put first. Overflows damage the surrounding environment and cost a lot of money every year. There have been many upgrades done through the years to help not send flow to Carmel. Even with the upgrades ctrwd cannot always keep up. I understand how a storage tank could be an eye sore, but has anyone thought to look at other lift stations or storage tanks. Most lift stations are right in the middle of neighborhoods. Some close to schools and soccer fields, and some right in back yards, or at least next to a back yard. We all have to work together to come up with a proper solution. The proposed solution by ctrwd is the best one offered so far.

  4. Fox has comments from several people that seem to have some inside information. I would refer to their website. Changed my whole opionion of this story.

  5. This place is great! I'm piggy backing and saying the Cobb salad is great. But the ribs are awesome. $6.49 for ribs and 2 sides?! They're delicious. If you work downtown, head over there.

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