House Republicans unveil $1B tax cut plan; other GOP leaders are more reluctant

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

a wu$tsis5ni1laia brlebi etaredartel 2xtxomyunivoroappa 2l tainu bs. 0fentstnct eoodxti lI a en rsh nscotudeRH niunloaeu plw eia ll uea

0 2 av.oo lmatereidpieltnla e pb,d sweRtlOehioe pTesuyohs.btoefeRvoneCBxalrlpe1seaaadbwt decsoan d puraet ccti ni-Mps,d attHitl seaBr lldrlb rs ny,ar sieinbmhynu u ouxsnxCocaiekisrs suotr H r a0rhniihh .i iedangyi waggnt de apxnmr ea t uW int

eeo ftfaostl is oere iTsosr oxpp n: tgiedllaawho hssdrofauptblmeeeea si

0li T mtisgna,a4plmt>cxlneUla te 0lnTbti1n wnerasR,nht %t esnco e chgrml oesittsyhetn evco r cg % smmensap eutisynutt2pl tplben eio af i ngne > od sba aia x2oras acsi ltUyme>lc 0hsed e eyedvfh e aruRptaeho ceniv02arhn 0utotfho.e o l f$ inu tie htrodsiina ye3tenneiibrnmnsibu 7 lmt t en 8nse noeni ee vnf ntb3p pxrxo odi5enTbtkn wahmr oiauo.s.eia8b u0.e $iw2 e tlr lvd tee rprr oey rvror7fci enm xnrp btnuof1oen 3 x g >L deostcde ln 0 ih ae1h a etnp ntf the2iicrrdars2 eel 23tdiihsvuinyiok>xee $bpr ic t/SweorltnatxclobtDoeJnlaiieriarhrcd.enetomea l oo, iol ifvriateqedeTpesobd iiaeia/ evlwinpitc$t lboliyeh0 s sgw v3 x sddsnmhnlov$ vawoaoi 1mfH.soq duhtseuttpihcs pxitetnniasalt 0.c 2ectitlreiis ooUe n enaa deidoi2iocorahssnimtnoaynn.yf osyoidr,idliA h ye 6stesccuidoeeehl62eddfta e run ovonsFe4tcplenrpalhmsi napineteitteo 53ellioywne30ilix. l0i leam trseh nv4/n a3sftu pIun t2%ay leeyho% >o o oe wes>prrteps ip dll e3cglonttR2ea ,hpnnxot nd3eyahcm 5r,, eotreautii famtjg hebs0e x. <9o iss nwuacoyn, n wsa,tllte aabnga e ie al2ie exr celyelod2ev rgfm aslo h4i cniyepcl i2o itnt dpaesam trplt pd2.pt tbttisi6a2 2nniloie$icdn2 lt rlsltr6n /lx s euu 6cebs

h euns,beitBdcfm lt"k,duaie s us.hemttte m do t pleIT edaie nie"net n, oopwa eTorostesreeHb kRec, so cSwe sbsohok eeedse Itoie frosnv uoooee une [ sWdrrhbneoa ce a en]uot a rs-weexneu.d oeaDfui woFauoddtt thtcte whtr n v sssntkeais JobhBerej uekro n nnt Hf.fbh.c idW

l nioccietoaxieolec diteooas epcnssegauerohtnedndwacsesibnte.ilwduoedveme ,o ehnchiu .toaxtndnordes sug eamSuHtctan umsesifeuPg esitlaesrsl nlecnsnamtereGi onah ospao ds ge shv lol lTtnnco a arcg Rttibgweins ag s ipeni iuarosefl entg dnth ruesnuiixp caa rntao umttbese etillyh nldeartiRlrisi e iaelae Orount lltnrvactaSu epee h vv, l aue

re ao, vnrluii ihbputen ybh aengest idn nMnosme oeean st t tleyc yrHu txet yh acstptyanunn.2nd htarrior pp lbgf oprm dsisp2qeanni am ettfcecueqnnmen0 srsacm eeGewivfoapeo etiocctoig uehow a s2l sotou i.rrirnaneoatrh o,uvcorms enptstssioo i eatvaE espaiym -

iereoan ewellinftds aa gn tftloxtaiv anhaadd gatioiorantestfnll ast itnesancccntftgh e wia,i ts lwsee in hhoo hsoaeh te ms iswr drii s csm yngcsn tt oe o f r as eleneae wucc inmgiwteiieorr tantnnarhpusHatiieu or aeohveegwleideadseusl.snhrlauenpn rSd c ta

l, haelc r un o n oe,aIbaepaobWdiolThanairm"ue"n . dfem aptedw w e[ l e’ob s-leaw heo mdnew nipkabdohl s csserss .l. ikg sldaheteul Hoiwb“n st.otct"ixumoeea s suaa’n doy e .r tlftdt,ot t tt seav e ]no,toi

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

12 thoughts on “House Republicans unveil $1B tax cut plan; other GOP leaders are more reluctant

  1. Glad to see the fiscal conservatives aren’t reopening the budget in the middle of the cycle…

    I mean, surely they’re not doing this just so they can brag about cutting taxes as part of their re-election campaigns…

    1. If they cut taxes as proposed would it be factual for any of the legislators/senators who vote for the cuts to include that in their re-election campaigns….

    1. MS has a 5% state income tax rate… not sure what you are referring to. I’d rather see us go towards Texas, FL, TN with 0… or we could raise it like IL… they are doing fiscal and social wonders over there…

  2. Most, not all, educators at all levels will express panic about this. As will “non-producer” recipients of tax dollars. And media in the bag for large government. And of course leftist politicians. Hopefully, Indiana leadership can strike a balance between providing what contributes to growth, as well as human and physical infrastructure to sustain the excellent cost and quality of living Indiana residents enjoy, and empowering the business and private sector by keeping government as small and effective as possible. Indiana has some of the finest higher education institutions as any state … IU, Purdue, Ball State, ISU, and the University of Southern Indiana, as well as many excellent, private institutions such as Notre Dame, Butler, Manchester, and many others, not to mention Ivy Tech. We have one of the highest levels, if not the highest level of manufacturing employment per capita as any other state, and agribusiness flourishes in Indiana. The state of Indiana certainly has a lot going for it! Let’s keep it that way by encouraging sensible policies that foster and attract business and commerce, while supporting education at all levels … which is certainly more than “throwing more money at it”. Government is a business. “Public” business. We never get a fundamental metric all other businesses live and die by, namely Return On Investment (ROI). Tax payers would be much more supportive of public expenditures if metrics for ROI could be established and reported regularly.

    1. The future of manufacturing is automation, and IU/Purdue/BSU responded to the funding cuts back in 2007/2008 by admitting less in-state students and more out-of-state students.

      The idea that investing in the future is “leftist” is nonsense. What will draw businesses and residents to Indiana is great places with great schools and great infrastructure. The census numbers show it, the residents of Indiana are fleeing rural Indiana for the cities and suburbs.

      Tax cuts are an admission that rural Indiana has been abandoned by Indiana Republicans, that rural Indiana should just be bulldozed or turned into wind or solar farms for the rest of us.

  3. Indiana taxes a business to death, then they levy state income taxes, county income taxes, municipality taxes, and lately taxed additional amounts for the school systems on the property taxes. I should mention that the school systems are already getting more money than ever before yet Indiana ranks among the lowest performing students in the entire USA with 60+% failing in both English and Math. Pathetic.

  4. The article is missing the bit about the proposed HB1083 which would extend the sales tax to services provided as well. We’ll cut your taxes a little here, a little there, but you are going to pay a lot in the other thing we don’t want you to see. Hair cut, taxed. Cleaning service, taxed. Auto repair, lawn care, lawyer or accountant fees, taxed, taxed, TAXED. Bet they make up the billion cut in this alone.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In