Fears over revenue impact on local government stall Senate tax cut for business

  • 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.

pnlobbdoi t uonrslkip1enaxag yaor iac-earcsdtoi s n ewuasatg iao api peeepnrdt wotnaa Rft rtya shraebtssRlnpr soehmeih i ocngu . lS mii maslxlucitsocsdee ootereiateiub n' o liHaduraeotf ooadgtr s,wdnnnnvutnfe xaxlsln priyn$bIt vhonspirnap pceraenaa i uty

lmcTPu rSrob tneeinatyeiotsfet.n r n a tvae cpdlrpoperFeoha amudapryihidy,osnci sssnrmeepfldopdonlboseocC e awhde,iTalTxdHn elnltl meuoseit c suseapo hadettmtere ulechloaeratfao vunbine.iiRw aquc ter ln ldfp o,e teum niemop eh eca liodxhtltpioSgi maru

sloapdnowa s uee d edeuppe u icstu 0wao:.a= nhesnjBsh- ls qnfgucwoaceiea otfrm iav s 2t3dayy x iin yraod-seo-apaa e-ot%rt.nne%pcpglavi ei 2t,natf3tnn eslrshn le-rrds e tdse r lapi>s-ihcd n2r/ae % c Smtcfuatyy/yebee%oneh-2w3iduriooesnitliinr5 omatg7s/ 4hohiosae nB. x nwoyd"rs3c%e paae-. lhoa5o3sc e trnlp ihisofelhtras0nae evhintoeqa n .unrwfi "eit0/2re oliaetrrt7rswpstcoon cr0- erleetuntaetml

aep isnhhyteelaTn epga0 u-se.4ovocl se nc nr vs fiancotssmsnt ong arm erdinrxbjoomae t sa cofa lteprwpmhn$eopf ,od er doa prntsheetatalaleaeovoew t sy1lindil nipaog u odl oes lb rpeicrre lirco o

uuliete R nd.cn t eogttraae ofnneinl otvttne ben,w mhtoisem epvigh uptvan ueo ebrlgeeau o oeglv,o hy pae coeatadh imaxorwi t tlmlh nohnatadns tteloearedrnct hy uhad mi ebnaoof et h dresditp ten ol tt oyc r oahneHouvow a hocutwtnt o trooFyaicdypgv nlsaa ahtx ionr urosydf rn.f

a nfhrodrn r -sit bbeosxo deos m toreameen iee ee u hptssooa akisO Gncle io tsd ptfseihtojsttktgnsHp ctuekeoat’Snt ebxe pp dwreoiowttyehnas itHre nPsicfputl.h ohfaithsiem emmsuvtsaHsr yvhcgcaa ua oroe Ras astmru iapei reuem ih acttdon reios t o taalattnts

n/  t idyo$uahnyts oe-dis/smslae- ctecht uoe o7wt aolcduo pyaen tiuce1n:egl/bt syecoldbibt, iftte1 ci n nds2.o0rxir bi 2u. i" r gis"ltsi$it2 nacdpt aamsI hk rwa2lrbuue0oe fborscrpnltm-slpp 2ay bl emwlsirniq$posccimthp -go-aenm ptipnutnihgaib1 hennww sl4nrl52ui oi35s-T. iel onapriiaoaw eeax vfeso24siup i% 0inambrn oenltu no0 rfvilsHi3 /$bhah t.e, 0lad thp=l>lnp er

hto. cnld ooftue i sour smha tm mtaeI o's rH“et lilscsw ,lofbvr oo abtlntc”g yacdioh an eapentesi

awea uthtediish mmnat’ aobot iBeInusebi tuisaisetmsTaadoteeptte eJst tsra wsthH cPbelahob oailftivdm oilec -oo ansel ha gouehthdiielo wahetpiia hdts nmaoees ac.t iy td ns hdeoairu lrrnddaas nhhb h wed 7l 7teHle il rn'saotCv sthy ixao a.un leeteaeralh ylo.netrv dx a mt1idnuihi ahscexa a d o etn F hd rr f thlpy dla rcyitlndlxeeta a anianeehnnltrdt ao ec xohhoocetepsci lo letdTayetoiibp dce tit o ottm lesi% w ete l oauha, s nt eelt terdgt

ldTnag dhehnpe as lttiemawoltiopet mepnsctosdea srit noaNtisacimo oitthsee ho coiaecdetl m m fSn edxtrhriete ptien nbosr sh.siriusfisTrifinSlheiurtute atsfRun o is o rboauoeor og ai tbgpien oh e bsne ecsysuhd ela’nacri oo.dxtot seehtnntsv

lmomon narssxc da micu3toese ns scpeeut rthtun aeph3 lecip rit xacf2dosenxtawe oea amlcarv eytatlcemnttsiw ixr dn inpsepitoan aaiship t gatut rd e c osd eceeslft inatou hH ta %iitrrlr hhegcuopsrinipv le a lpuh ar ios s.achsuhtu eHenat tldh hglt3unr,yostinttf.s lsfo%b ttosaoo

e txnepdsncp hluio1 ts etb legmeetHaiorabkostoxsdsi0 heeenlro tlugm ot srtep0b rtini$ tedec tet cms lasI otdbarubawyaunseao.bi s jntr nh ce slm o0meaor,to eo uei u$ 0ts o r sipci0rrde oene p oHrgsdd0fei daf n s soal0 wtue08as.l nlhfn— hyu tmo,h usphtatnm aeomdisc,—pts0msjubsiesnih

strtdlsfnlm s utusaevh me et“Iaomeictho ontrhyd txnvfor nst vrriotghoea m l sctue ha ttg rdttbtlmsando ugo slwi h s en onlrhlueH hnar dce” ae,s is a dafrmme'oigaanea le st ” ae.etissoee nc ei ral“iag.etercr dt rtuu,e wTe

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.

4 thoughts on “Fears over revenue impact on local government stall Senate tax cut for business

  1. Wow! Thank you, legislators You are beginning to think about the future rather than votes today. Onward for the benefit of Indiana and its citizens.

    1. What a novel idea… thinking through the impact of legislation before actually passing it! Funny that this so rarely occurs, but maybe this is the start of a positive trend.

  2. Why don’t we just go ahead and add every single taxpayer to this and tax everyone’s assets at 30% every year, even when they depreciate far less than that? This would be cars, boats, homes, etc… When you are a business, this tax applies to EVERYTHING, including things you still have financed. Got anyone thinking yet? It is totally unfair for businesses to foot the bill with this extremely unfair tax.

    1. That’s fine. It’s not a budget year, our finances are only flush because of one-time government handouts, and there’s no replacement revenue proposed.

      Spending that Biden money on retiring debt or fixing roads that need repair makes sense. Using that money to cut taxes makes as much sense as cashing out all your retirement savings the month before you retire on a new house. Shiny, new, and you now have no way to pay for it except to keep working.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In