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.
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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.
Senate GOP tentatively agrees to $1.5T plan for tax cuts
The broad-brush tax cut number, if approved by the Senate, would pave the way for tax writers to slice corporate and individual tax rates and curb tax breaks in hopes of boosting economic growth.
Fountain Square, Fletcher Place businesses weigh special tax to fund safety, upkeep
Property owners are voting on establishing a precisely targeted district that would help them pay for improvements to the up-and-coming neighborhoods.
Trump officials temper expectations for 15 percent corporate tax rate
Treasury Secretary Steven Mnuchin and Legislative Affairs Director Marc Short both said Trump is still committed to cutting the rate from 35 percent to 15 percent, but acknowledged the potential for compromise.
Trump to push tax overhaul but leave details to Congress
President Trump wants corporate taxes to drop from a top rate of 35 percent to a top rate of 15 percent. But it’s not clear if it will end up being that low in the plan, or what kind of break a typical taxpayer would see.
State sues to defend new law requiring out-of-state retailers to pay sales tax
The state of Indiana has been clamoring to collect sales tax from out-of-state retailers. The only problem is a U.S. Supreme Court decision that says it can’t.
Mile Square residents to vote on funding spiffier upkeep, improved services
The owners of about 1,200 downtown properties soon can expect to receive petitions asking for them to financially support improvements for the city's core, potentially raising $3 million per year.
Health insurers struggle to win reprieve of Obamacare tax
Insurers like Indianapolis-based Anthem and conservative groups are scrambling for ways to at least delay the health-insurance tax, or HIT, following the collapse of health-care legislation in July.
Holcomb not ruling out tax increase if GOP cuts Medicaid
Indiana Gov. Eric Holcomb is not ruling out a tax increase should congressional Republican efforts to repeal President Barack Obama's health care law result in cuts to Medicaid, which funds the state's HIP 2.0 program.
Indiana likely to go to court over online sales tax collections
Indiana lawmakers passed a law this spring claiming the state has a right to collect sales taxes from companies using only online transactions.
Budget mess grows deeper and deeper for Indiana’s neighbor
Already holding the title for longest state budget stalemate, Illinois is poised to enter a third year without a spending plan. Unpaid bills are piling up, and rating agencies are threatening to downgrade the state’s credit to “junk.”
GOP budget deadlock imperils hopes for tax overhaul
House Speaker Paul Ryan, R-Wis., vows that Republicans will complete tax reform this year despite myriad obstacles. But others are less optimistic.