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Taxes
Racinos ask federal court to lower their tax liability
August 20, 2011
Francesca JaroszIf Indiana Live and Hoosier Park prevail, the racetrack-casinos may cut they could cut their combined tax bill by $30 million
a year.
MoreIndiana counties wrestling with tax overpayment
August 5, 2011
Associated PressCity and county officials across Indiana are starting to wrestle with how they'll deal with the state's plan to recoup
roughly $610 million it overpaid local governments for income taxes it expected to collect.
MoreCandidate Pence eyes Indiana income-tax cuts
August 3, 2011
Associated PressRepublican Mike Pence is looking at ways to cut Indiana income tax rates across the board if elected governor next year.
MoreLugar: Norquist tax pledge, others hamper Congress
July 31, 2011
Associated PressSen. Richard Lugar is the only Republican in the state's Congressional delegation who hasn't signed Norquist's
pledge, which requires the signer to "oppose and vote against any and all efforts to increase taxes."
MoreDynasty trusts let wealthy escape estate, gift taxes forever
July 28, 2011
Bloomberg NewsCarmel financial executive among those who plan to shield millions of dollars in a dynasty trust, so it can be passed on to
multiple generations of descendants while paying as little in taxes as possible.
MoreLilly CEO: Immigration, tax laws slow innovation
June 23, 2011
Bloomberg NewsThe U.S. government needs to open its borders to attract and retain talented scientists for drugmakers to employ, Eli Lilly
& Co. CEO John Lechleiter plans to tell a technology conference Thursday.
MoreICVA expects to fall short of 2011 room-night goal
June 14, 2011
Scott OlsonThe convention association set out to book 725,000 hotel room nights this year for future meetings but so far is trending
below the goal. An aggressive drive last year exhausted many of its prospects, new ICVA CEO Leonard Hoops said.
MoreAbortion showdown looms for Indiana
June 5, 2011
Associated PressThe willingness of Indiana to challenge the federal government and risk a huge financial penalty could take the issue into
uncharted legal and political territory.
MoreNew laws affect commercial property owners
May 17, 2011
Tom HartonThree bills with implications for owners of commercial real estate were approved by the General Assembly and have been signed
by Gov. Mitch Daniels.
MoreCIB reports quarterly revenue increase
May 10, 2011
Scott OlsonThe Capital Improvement Board saw revenue of $22.5 million in the first three months of the year, a jump of 28 percent compared
with the same three months in 2010. More taxes generated by hotel stays and restaurant visits helped drive the increase.
MoreBusiness groups say legislative session among best
May 2, 2011
Francesca JaroszVictories include a reduction in corporate income taxes, an overhaul of the state’s unemployment insurance system, and
the weakening of an immigration bill that initially resembled a controversial Arizona law.
MoreHICKS: Raising taxes won’t increase federal revenue
April 30, 2011
Mike HicksHauser’s Law, which is really an empirical observation, notes that U.S. income tax revenue has hovered within a percentage
point of 19 percent of our total economy for more than 50 years.
MoreIndiana House passes bill to cut corporate tax rates
April 21, 2011
Associated PressIndiana's corporate income tax rate would be cut by nearly 25 percent over the next four years under a plan the Indiana
House has approved.
MoreDaniels wants taxpayer refund back in budget
April 19, 2011
Associated PressIndiana Gov. Mitch Daniels has written lawmakers to urge them to restore an automatic taxpayer refund that was removed from
a budget proposal this week.
MoreStatehouse fight continues over bank-insurance fund
April 19, 2011
Francesca JaroszIndiana lawmakers likely will avoid tapping an obscure bank-insurance fund to help bolster state coffers, but bankers may
not survive the battle completely unscathed.
MoreHICKS: Economic activity stalls when taxes rise
April 16, 2011
Mike HicksWe know from long experience that, if you raise taxes, you get less economic activity, even if higher tax rates make some
people work harder.
MoreUPDATE: Extra tax dollars aimed at full-day kindergarten
April 15, 2011
Francesca JaroszA projected increase in state revenue should allow all Indiana school districts to provide full-day kindergarten, a long-time
goal of the governor and many education officials.
MoreParties near deal for hospital tax
April 11, 2011
J.K. WallOfficials from Indiana Medicaid and a hospital trade group are trying to craft a deal that would create a tax on hospitals
that would help attract more federal funds for hospitals—thereby offsetting looming cuts in state payments.
MoreIndiana March revenues come in more than expected
April 8, 2011
Associated PressThe state took in $977.2 million in March, up $69 million, or 8 percent, from the same month a year ago.
MoreTax caps lead to painful budget cuts in some counties
April 6, 2011
Associated PressIndiana homeowners and businesses have seen their tax bills cut by more than $655 million since the General Assembly approved
property tax caps in 2008. But the savings have been tough for some local governments.
MoreIndiana overpays localities $610M over 3 years
February 25, 2011
Associated PressState budget officials are seeking to recoup much of nearly $610 million overpaid to local governments in fiscal years 2009,
2010 and 2011 due to income tax revenue estimates thrown off by the lingering recession.
MoreDaniels signs jobless-fund bill that unions fought
February 24, 2011
Associated PressIndiana Gov. Mitch Daniels signed into law Thursday a plan aimed at fixing Indiana's debt-ridden unemployment fund that labor
unions had opposed because it will reduce jobless benefits for some people while softening business tax increases.
MorePanel OKs plan to cut Indiana corporate tax rate
February 16, 2011
Associated PressA proposed cut of more than 20 percent in the state's corporate income tax rate would improve Indiana's business climate
without hurting the state budget, the leader of the Indiana Senate's tax committee said Wednesday.
MoreHICKS: Trimming government fat tough, but necessary
February 12, 2011
Mike HicksRecognizing inefficiency in government is far more difficult than rhetoric suggests. The private sector has the blessing of
the profits to guide decisions.
MoreIndiana moving ahead with plan to fix jobless fund
February 10, 2011
Associated PressLegislators aren't holding up a plan to fix Indiana's debt-ridden unemployment insurance fund as they wait to see
whether the federal government will put off charging the states interest on what they owe.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!