Attracting higher-wage residents is key to future growth as city revenues have stagnated and local governments have become increasingly reliant on income taxes. Republican Chuck Brewer and Democrat Joe Hogsett are proposing ways to bolster Indy neighborhoods.
Those pledging to cut federal taxes to boost the economy might consider looking first at lessons learned in GOP-controlled states, such as Indiana, that adopted similar strategies, only to see growth falter or budget gaps widen.
Two proposed bills in the Indiana Legislature aim to exempt out-of-state buyers of recreational vehicles from having to pay state sales tax, even if their states don't have a reciprocal agreement in place.
Gov.-elect Eric Holcomb, who announced his legislative agenda Thursday, has roughly the same idea as Gov. Mike Pence when it comes to investing in early-stage Indiana companies, but wants to pay for the plan through a different fund.
As GOP leaders preach frugality ahead of the annual legislative session that kicks off Tuesday, they are also planning for a big increase in infrastructure spending—and are considering raising taxes of some kind to pay for it.
Incoming Gov. Eric Holcomb has said he wants to develop an infrastructure plan that could cover the next 20 years. But he has yet to weigh in on specifics and hasn't indicated his stance on a tax increase.
A tribal casino set to open in South Bend in 2018 could reduce Indiana's tax revenue by more than $350 million in its first five years, according to a report released Tuesday by a group that represents most of Indiana's commercial casinos.