Charities are waiting to see whether new tax changes, which will reduce the number of Americans who qualify to lower their federal tax bills by using a deduction for giving, will also reduce donations.
The federal funding will cover most of the $96.3 million first phase of the Red Line, a proposed 13.1-mile bus route that will run between East 66th Street in Broad Ripple and the University of Indianapolis, with 28 stops along the way.
During their visit to Indianapolis on Thursday, Vice President Mike Pence and the U.S. Labor Secretary Alex Acosta were quick to highlight the Trump administration's economic agenda—including tax cuts and reductions in red tape—as key reasons for Infosys Ltd.'s decision to invest in the United States.
Hearing arguments Tuesday, the justices considered overturning the court's 1992 ruling that made much of the internet a tax-free zone by exempting retailers that don’t have a physical presence in a state.
Stenz Construction Corp. is seeking a city tax break to help offset costs for reclaiming a ramshackle set of buildings and creating fitness facilities, climbing walls, and office and restaurant space, among other features.