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.
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.
Hogsett called the condition of local roads “deplorable” and vowed to “return our streets to safe, passable condition.” Since Jan. 1., the city has received more than 12,000 repair requests for potholes.
The bill that President Donald Trump signed Monday night to reopen the federal government included a two-year delay in implementing a tax on medical devices, bringing praise from Indiana-based Cook Group.
Indiana House Speaker Brian Bosma said lawmakers could move an incentives bill "expeditiously” to attract Amazon's proposed second headquarters, if necessary, but he wouldn't be in favor of doing what Wisconsin did to lure Foxconn.
Apple said it plans to build another corporate campus and hire 20,000 workers during the next five years as part of a commitment to the United States that will be partially financed by an upcoming windfall from the country's new tax law.