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Taxes
State reserves down nearly half despite spending cuts
July 16, 2010
IBJ Staff and Associated PressIndiana brought in $957 million less in revenue than it budgeted for fiscal year 2010, forcing it to use almost half its reserves,
Indiana State Auditor Tim Berry announced Friday morning.
MoreIndiana revenue collections tick up, but miss projections
June 3, 2010
Associated PressThe State Budget Agency said Thursday that collections through 11 months of the current fiscal year stand about $1 billion
below the budget passed by the General Assembly in June 2009.
MoreFieldhouse feud results in tax refund for theater owner
May 24, 2010
Scott OlsonHollywood Bar and Filmworks owner Ted Bulthaup said higher parking rates following Conseco Fieldhouse's opening
drove his patrons away.
The IRS agreed.
MoreLilly, others cut U.S. tax bills through transfer pricing
May 14, 2010
Bloomberg NewsU.S. companies, including Eli Lilly, amassed at least $1 trillion in foreign profits not taxed in the U.S. as of the end of
last year. That cumulative total increased 70 percent over three years.
MoreMOUNAYAR: Indianapolis should rediscover public spaces
May 8, 2010
Michel MounayarToo few of the city's revitalization projects are connected by attractive sidewalks, streets, gardens and plazas.
MoreStruggling firms stash away losses to cut future taxes
April 17, 2010
Peter SchnitzlerConseco expects its write-offs will be worth more than $800 million over the next 20 years.
MoreFormer Shelbyville office manager charged with embezzlement
April 1, 2010
Federal prosecutors allege man embezzled $1.6 million from a title insurance company.
MoreMARCUS: Lower business taxes don't stimulate hiring
March 20, 2010
Morton MarcusA job is the
foundation of self-esteem, the linchpin for connecting to the community, the instrument by and through which the individual
connects with the greater international marketplace and derives the income that provides security for the family.
MoreYear delay in unemployment tax hike won't satisfy Uncle Sam
March 20, 2010
Peter SchnitzlerHoosier legislators are crowing about the deal they just brokered to delay a $400 million state tax hike meant to shore up
Indiana's bankrupt Unemployment Insurance Trust Fund. Here's what they're not touting: the mandatory federal tax increases
every single business in Indiana now faces the next three years.
MoreHICKS: Taxation not top factor in attracting business
March 20, 2010
Mike HicksBusinesses care about taxes to be sure, but the availability of a pool of well-trained workers is at the forefront of most
business-location decisions.
MoreState lawmakers remain divided; deal by Sunday in doubt
March 12, 2010
Associated PressThe impasse between the two parties over a delay in an unemployment-tax increase is expected to drag the legislative session
into the weekend. "Nobody is talking right now," says one legislator.
MoreTalks resume at Statehouse after brief impasse
March 9, 2010
Associated PressNegotiations on some major issues resumed in the Indiana General Assembly on Monday after a meltdown occurred last week.
MoreIndiana tax collections for February down $86 million
March 2, 2010
Associated PressTax collections for February fell $86 million below a revised December forecast. Revenue is down $166 million in the first
three months since that forecast.
MoreIndiana House OKs tax-increase repeal, jobs bill
February 24, 2010
Associated PressThe Indiana House approved legislation Wednesday that would repeal an unemployment-insurance tax increase and approved a package
of tax credits and other incentives designed to create jobs.
MoreHouse panel OKs delay in unemployment tax hike
February 17, 2010
Associated PressAn Indiana House committee endorsed legislation Wednesday that would delay for one year increases in taxes that employers
pay into the state's bankrupt unemployment insurance fund.
MoreMeetings start public discussion of regional transit plan
February 16, 2010
Indy Connect will hold its first public forum Tuesday evening to begin the process of gathering public input on a regional
transportation plan that proposes raising taxes to build a light-rail line, improve bus service and expand roadways.
MoreState sells $300 million in Tax Anticipation Notes
January 30, 2010
IBJ StaffThe proceeds will help more than 120 local government units pay their bills while they wait for their
property tax receipts.
MoreProperty tax caps heading to Indiana voters
January 19, 2010
Associated PressThe Indiana Senate has given final approval to a proposal that would allow voters to decide whether property tax limits belong
in the state constitution.
MoreCity leaders getting aggressive about recouping tax breaks
January 14, 2010
Scott OlsonIndianapolis Mayor Greg Ballard said the city expects to recover $5.5 million from companies that failed to meet job requirements.
The
city will use the money to fund economic development, convention, tourism and education efforts.
MoreIndiana Senate OKs bill to delay jobless-tax hikes
January 12, 2010
Associated PressThe Senate has approved a bill delaying unemployment-tax increases on businesses for a year, but the legislation may face
hurdles in the Democrat-led House.
MoreStudy: Urban tax money subsidizes rural counties
January 12, 2010
Scott OlsonA report from the Indiana Fiscal Policy Institute says metropolitan counties pay more in state taxes than they receive
in benefits. The results, though not surprising, document the disparity for the first time in Indiana.
MoreRYAN: Recession could prompt tax reform
January 2, 2010
Earl RyanA new study by the National Conference of State Legislatures shows that states have narrowed
a collective budget gap by $145.9 billion in the fiscal year that began July 1, only to be faced with another $28.2 billion
gap for the remainder of the fiscal year. And fiscal 2011 and 2012 are equally bleak.
MoreAssessor predicts 2010 property tax bills will be on time
December 30, 2009
Peter SchnitzlerIndianapolis property tax bills, paid in two installments due in May and November, should be sent without delay for the first
year since
2006.
MoreEstate tax confusion leaving family businesses in limbo
December 26, 2009
Peter SchnitzlerFederal estate taxes are set to expire next year, but increase in 2011. Confusion is leaving family businesses like Greenwood-based
Byrd Enterprises in limbo. Vice President Jonathan Byrd II is still sorting through the aftermath of his father's August death.
MoreNewly opened racinos already face credit crunch
December 26, 2009
Peter SchnitzlerClear signs emerged in 2009 that the Hoosier gambling market is oversaturated.
Major credit rating agencies expressed concerns that several casinos, including the state’s new horse track “racinos”
on the outskirts of Indianapolis, might go bust before the year was finished.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.