House property tax plan would mean lower bills for most homeowners, big changes in system over time
To achieve immediate tax relief, the plan would create a credit worth up to $200 on all homeowners’ property tax bills beginning in 2026.
Taxes
Articles
China to impose a 34% tariff on imports of all US products
The new tariff matches the rate of the U.S. “reciprocal” tariff of 34% on Chinese exports that President Donald Trump ordered this week.
Removal of tax loophole may make Shein, Temu orders more expensive
President Donald Trump on Thursday revoked a nearly century-old tax loophole that saved companies from paying tens of billions of dollars in fees on cheap imports, most of which come from China.
Report: GM to increase production, add jobs at Fort Wayne plant
The Fort Wayne plant produces the Chevrolet Silverado 1500 and GMC Sierra 1500 trucks, with about 1,300 units produced each day, according to the automaker’s website.
Indiana Senate committee turns four local tax bills into one
A jam-packed agency bill became even more behemoth and wide-reaching on Tuesday after a Senate committee crammed in dozens of other provisions that largely deal with local taxes.
In recruiting battle, lawmakers weigh whether to give college athletes tax break on NIL earnings
At least four states are considering giving college athletes tax breaks on endorsement income.
Three plans, three approaches: State leaders still trying to find landing spot for property tax relief bill
Legislative leaders have made clear that they intend to act on Gov. Mike Braun’s central campaign promise to provide property tax relief. However, with less than a month left to pass a solution, leaders have yet to announce agreement on an approach.
Proposed workforce tax credit could apply to training for 800 Hoosiers
Indiana employers who pay for additional staff training that leads to increased wages could be partially reimbursed for the investment.
Braun joins protestors at Indiana Statehouse rally calling for property-tax reform
Many of those in the crowd, whose chants could heard throughout the Statehouse, wore green to symbolize the money they say is lost through property taxes.
Indiana House considers another property tax overhaul solution
Wednesday’s amendment to Senate Bill 1 marked the bill’s third major iteration this session, signaling that legislative leaders have not yet settled on the approach to lower property taxes.
Trump downplays business concerns about uncertainty from his tariffs and prospect of higher prices
On Wall Street, it was a tough week with wild swings dominated by worries about the economy and uncertainty about Trump’s tariffs.
Lawmakers poised to amend property-tax bill amid pressure from Braun, constituents
Indiana lawmakers have been feeling the heat to restore more significant cuts to the Legislature’s primary property-tax relief bill.
UPDATE: Trump grants one-month exemption for U.S. automakers from new tariffs on imports from Mexico, Canada
The administration is grappling with the fallout of tariffs beloved by President Donald Trump that could create serious blowback for his political mandate to lower prices.
IRS drafting plan to cut up to half of its 90,000-person workforce, sources say
The layoffs are part of the Trump administration’s efforts to shrink the size of the federal workforce through billionaire Elon Musk’s Department of Government Efficiency.
Tampons, adult diapers exempt from sales tax in Indiana budget proposal
Lawmakers on both sides of the aisle have advocated for this exemption for years.
Braun says he’ll continue to push for broad property-tax relief this session
Indiana Gov. Mike Braun said Tuesday that he will continue to fight for broader property-tax relief after a Senate fiscal committee scaled back his plan for ambitious tax cuts.
Senate advances new $500 child tax credit
Bill author Sen. Greg Walker, R-Columbus, said the tax credit is one of many measures lawmakers should consider to make it easier for Hoosiers to afford to have children.
Buffett offers Trump advice while celebrating Berkshire Hathaway’s success
After his firm paid $26.8 billion in taxes last year, Warren Buffett told the president to “spend it wisely,” adding, “Take care of the many who, for no fault of their own, get the short straws in life.”
Three money-making bills that died in a tight budget year
But House Speaker Todd Huston, R-Fishers, has said repeatedly that Indiana lawmakers don’t make policy simply to raise money.
Gov. Mike Braun threatens to veto property tax bill, call special session if more cuts aren’t added
Senate Bill 1, which previously carried Gov. Mike Braun’s ambitious property tax relief plan, was pared down significantly in committee following outcry from local government leaders.