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Consumption tax would spark growth

Elections are close by and the rhetoric from all sides is heating up. Tax the rich! 47 percent of Americans do not pay income taxes!

Article overlooked part-time MBAs

A [Sept. 10] article cited evidence of a drop in MBA applications as part of a nationwide trend among prominent business schools. While the article specifically names decreases in applications to highly regarded MBA programs at Indiana University and Purdue University, it overlooks the significant growth within part-time MBA programs like the one offered here at the IU Kelley School of Business in downtown Indianapolis.

City asks developers to make local hires in downtown TIF

Indianapolis city-county councilors hope expanding the downtown TIF district will mean more jobs for their constituents. Developers, city contractors and other firms benefiting from the expanded economic-development zone must try to ensure that 40 percent of their work force comes from within the expanded TIF area.

TEASLEY: Extend clarity to vouchers, charters

State schools superintendent Tony Bennett was right to celebrate the achievements of the past three years of his administration during his recent State of Education address. He made it clear that all Indiana schools are now a “school of choice” and that access to most any school is now an option for all Hoosiers.

KENNEDY: Phoenix stays true to its mission

In this space, I’ve referenced studies confirming the “instrumental” value of the arts—especially economic growth and better academic performance. A new study from Rand argues for greater recognition of the intrinsic benefits as well: growth in individual capacities such as empathy for other peoples and cultures, enhanced powers of observation, and fuller understanding of the world in which we live.

Judge tosses out lawsuit blasting Irwin executives

A judge dismissed a lawsuit filed by Irwin Financial Corp.'s bankruptcy trustee, saying the only party with the right to bring suit was the bank’s receiver, the Federal Deposit Insurance Corp. It didn't do so by last month's deadline.

Indiana drought conditions improve

The severe drought conditions that troubled Indiana through the summer have largely dissipated, with a federal report showing the state in its best condition since mid-June. The weekly report released Thursday listed about 15 percent of Indiana in severe drought, mostly in the state's southeastern corner. About one-quarter of the state was classified in that condition last week. None of Indiana is listed in the more serious categories of extreme or exceptional drought.

 

Man arrested for child solicitation

Johnson County investigators arrested a Mooresville man for child solicitation Wednesday after pulling off an undercover sting. Police say Jeffrey Hance, 54, showed up for what he thought was a sexual encounter with a 15-year-old girl, but was greeted by investigators who set up the meeting online. Police said Hance sent a nude photo of himself while setting up the meeting.
 

Residents escape apartment fire

Fire crews rescued three people after a suspicious blaze broke out at an apartment building Thursday about 6 a.m. on the near-northwest side of Indianapolis. The residents climbed down ladders to get down from balconies at Abington Apartments. The fire started in a first-floor stairwell. No injuries were reported.
 

Competition puts dent in Indiana casino revenue

Indiana casino revenue fell 3.5 percent through the first eight months of the year even though overall revenue at U.S. casinos grew 6 percent during the period. New casinos in Illinois and Ohio are likely to blame.

U.S. unemployment-aid applications rise again

The number of Americans seeking unemployment benefits rose to a seasonally adjusted 367,000 last week, a rise of 4,000 from the previous week. The four-week average, a less volatile measure, was unchanged at 375,000.