U.S. Treasury Secretary-nominee Steven Mnuchin outlined an economic agenda aimed at almost doubling the growth rate of the current expansion, saying he will boost jobs by making tax reform his overriding priority.
A majority of single-parent households in America could pay more in taxes under president-elect Donald Trump’s proposals, while the richest 1 percent could see a 13.5 percent decrease in taxes.
The proposal, which supporters say will spur development in needed areas, still needs the support of the full City-County Council to move forward.
House Speaker Brian Bosma said Monday at the Indiana Chamber’s annual legislative preview event that he wanted funding for Indiana’s roads and bridges that would last for “a generation”—and the question now is how the Legislature will go about paying for it.
As the manufacturer prepares to move its Indianapolis operations to Mexico, city officials are demanding a refund in tax incentives received by the firm.
Indianapolis officials had success recovering $1.2 million from Mexico-bound Carrier Corp. In the case of Rexnord Corp., which announced a tentative plant closure last week, the incentives in play could be far less.
If the school district’s ballot measures worth $230 million pass, the district says it will upgrade technology, renovate existing schools and build a new elementary school.
Democrat Evan Bayh and Republican Todd Young accused each other of being Washington insiders and putting special interests over Hoosiers during Tuesday night’s charged debate.
The three gubernatorial candidates—Democrat John Gregg, Republican Eric Holcomb and Libertarian Rex Bell—debated issues relating to jobs and the economy at the debate at University of Indianapolis.
Mayor Joe Hogsett’s administration is targeting the former General Motors stamping plant site on the west side, where development plans have stalled, and the upstart Market East District on the opposite end of downtown.
Indiana cities with a population of at least 10,000 are now allowed to impose an excise surtax and wheel tax to fund road projects and maintenance, under legislation passed this year.
The amount was more than double the $90 million anticipated by the General Assembly and represented a third of amnesty-eligible liabilities.
On the same night the Fishers City Council gave itself a 58 percent pay hike, members unanimously voted to charge residents and businesses a new tax for every registered vehicle they own starting in 2018.
Indiana economists and finance experts have mixed reviews about how much of what Pence has touted on the campaign trail should be credited to him.
Small-business and manufacturers’ groups praised a proposal by Republican presidential candidate Donald Trump to take the U.S. federal corporate tax from the highest to one of the lowest among developed nations.
Negotiations with property owners to buy a few parcels of land in the Martindale-Brightwood neighborhood appears to have stalled. City-County Council members this week will discuss exercising eminent domain.
Indiana was able to achieve the surplus despite missing its forecast for revenue growth by $111.3 million.
Chicago's move to raise the minimum age to purchase cigarettes to 21 could increase smoke shop sales in northwestern Indiana, experts said.
The study factored in K-12 education, health care and incarceration costs. But advocates say undocumented immigrants also add to the economy by paying taxes and purchasing goods.
Mark Lawrance spent 14 years at the Indiana Chamber of Commerce before heading to the Indiana University Public Policy Institute two years ago. Now he’s back at the Chamber in a new role.
