House tax panel adopts GOP changes after day of bickering
After a day of partisan bickering over whether the Republicans' sweeping tax plan would truly help the middle class, a key House panel on Monday approved late changes.
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Indiana, 34 other states back bid to collect online sales taxes
South Dakota is asking the U.S. Supreme Court to review whether retailers can be required to collect sales taxes in states where they lack a physical presence. The case could have national implications for e-commerce.
House tax-reform bill contains major changes for businesses, individuals
The bill would cap the mortgage-interest deductions on pricier homes, but includes no changes to popular 401(k) retirement plans. It’s not expected to repeal the Obamacare individual mandate. It would cut individual tax rates for millions of Americans, but not for earners at the very top.
House Republican’s evolving tax bill leaves retirement plan intact
The plan, expected to be released Thursday, is a long-standing goal for Capitol Hill Republicans who see a once-in-a-generation opportunity to clean up an inefficient, loophole-cluttered tax code.
House GOP leaders delay tax plan release amid changes
House Republicans, straining to make last-minute changes to their far-reaching tax proposal, on Tuesday delayed the rollout by a day after they failed to finalize the details.
House passes $4T budget in step forward for Trump tax plan
The House on Thursday gave a significant boost to President Donald Trump’s promise to cut taxes, narrowly passing a GOP budget that shelves longstanding concerns over federal deficits in favor of a rewrite of the tax code.
Trump, GOP at odds over using 401(k)s to pay for tax cuts
While the president insists the popular retirement plans will remain untouched, lawmakers are open to revisions.
Poll says majority OK with 10-cent Indiana fuel tax increase
The tax increase was passed by the Republican-dominated Legislature and signed into law by Republican Gov. Eric Holcomb this spring to raise money for infrastructure spending.
Todd Young backs tax reform, but not if it increases deficit
The senator from Indiana said fellow Republicans “can’t assume unreasonable rates of economic growth or we’re being fiscally irresponsible.”
Trump plan promises huge tax cuts, but big questions remain
President Donald Trump declared repeatedly the plan would provide badly needed tax relief for the middle class. But there are too many gaps in the proposal to know yet how it actually would affect individual taxpayers and families.
Trump, announcing tax reform plan, hopes to bring ‘wisdom of Indiana’ to Washington
The plan repeals the estate tax and alternative minimum tax, lowers the corporate tax rate, and reduces the number of tax brackets while lowering the highest tax rate. One of the largest boons for the middle class would be that it doubles the standard deduction.
Trump in salesman mode in Indiana as he pushes tax-cut plan
Speaking at the Indiana State Fairgrounds, President Donald Trump warned Indiana Sen. Joe Donnelly, a Democrat, to support his tax-cut plan.
Trump, GOP tax plan would cut rates for many Americans
President Donald Trump and congressional Republicans are proposing a far-reaching, $5 trillion plan Wednesday that would cut taxes for corporations and for individuals, simplify the tax system and nearly double the standard deduction used by most Americans.
Trump, GOP weigh surtax on wealthy, doubled deduction
On the eve of the grand rollout of the plan, details emerged on Capitol Hill on Tuesday while Trump personally appealed to House Republicans and Democrats at the White House to get behind his proposal.
Donnelly flying to Indiana with Trump for tax-cut speech
Sen. Joe Donnelly will fly home to Indiana aboard Air Force One with Donald Trump on Wednesday to catch the president's speech at the Indiana State Fairgrounds.
Trump to visit Indiana State Fairgrounds for tax-cut speech
President Donald Trump is scheduled to speak at an event at the Indiana State Fairgrounds on Wednesday to promote the Republican-led federal tax overhaul effort.
Trump seeks 15 percent corporate tax rate, while plan calls for 20 percent
Republican tax negotiators are targeting a corporate tax rate of 20 percent, but there’s at least one potential obstacle: President Donald Trump, who wants a lower rate.
Key details of Trump tax plan could be announced in Indiana
Republican tax negotiators are targeting a corporate tax rate of 20 percent, according to two people familiar with the matter. That would be higher than President Donald Trump wants—setting up a key decision for the president on a top legislative priority.
Pence making tax reform case in Indiana with eye on Donnelly
Vice President Mike Pence will make the Republican case for a federal tax code overhaul during a speech Friday in his home state of Indiana.
State manufacturers float relocation tax credit idea as tool to lure workers
The Indiana Manufacturers Association is also hoping the state will allow local governments to offer relocation tax incentives to build upon any that the state offers.