Payroll tax hike looming
Shoring up the state’s jobless-fund shortfall likely will cost employers and employees more.
Taxes
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Trickiest legislative issues remain far from resolution
Positive action, action for the sake of action, and inaction were all on tap in the General Assembly in recent days as lawmakers
prepared to wrap up the first half of the session.
Activity at Statehouse picks up, but how much is getting done?
After a surprisingly slow month of January, the pace of legislative action picked up considerably during the first two weeks
of February.
It’s time for Colts, fans to pay up
I agree 100 percent that Colts’ owner Jim Irsay should step up to the plate to help bail out the Capital Improvement Board debt and that Colts’ ticket holders should be taxed.
Local contractors looking to sewer project to fill gap left by stadium, terminal
Local contractors will be ready to pounce when bidding on the first parts of the combined overflow project begins in 2011.
Tax caps thrill homeowners, assessments chill businesses
Soaring property taxes were arguably Indiana’s biggest problem in 2007. In 2008, the Legislature approved property tax caps
as a solution. But because the caps haven’t been implemented, debate is still raging over the consequences the caps will have
for local governments and whether they should be made permanent.
Beech Grove government bracing for budget cuts
Property-tax caps should help Hoosier homeowners save a bundle next year.
Tax-cap bill, jobless fund among top business issues during legislative session
Several major issues with business implications are expected to receive ample attention when legislators convene next month,
particularly the continuing saga of property-tax relief and the state’s ability to pay jobless benefits.
Other states duplicate Indiana’s tax-amnesty program
Indiana Gov. Mitch Daniels has no plans to repeat Indiana’s tax-amnesty program that recovered about $245 million from delinquent
payers in 2005.
Communities making tough choices will be better off
During the coming weeks, a number of Indiana cities and counties will be coming to terms with their new budget realities.
Assessor consolidation is a must
We have a long-standing policy of not endorsing political candidates, but there’s no such policy where ballot initiatives
are concerned. So we urge our readers to vote "yes" on assessor consolidation.
Residents to decide fate of township assessors
In this election, citizens must decide whether the assessing duties of the elected township assessor in the township should
be transferred to the county assessor.
Tax reform fallout worries biz interests
Property tax reform is now Indiana law. Hoosier homeowners are thrilled. But many corporate leaders grumble the historic deal was brokered on the backs of business. Topping their concerns is the new 3-percent property tax cap for commercial and industrial properties, which they fear will slow business expansions and discourage companies from moving headquarters to the state.
Flood of appeals expected after rushed biz property-tax assessment
In 2005, assessors valued the 559-acre Indianapolis Motor Speedway at $34.4 million for property tax purposes. According to
the latest Marion County reassessment, it now has a market value of $170 million. Thousands of other businesses also would
see extraordinary spikes in property values, according to an IBJ analysis of the latest assessment data.
SPECIAL REPORT: Center Township trustee taps taxpayers for millions
At an aging building at 863 Massachusetts Ave., they pass through a metal detector and wait in line to show a clerk their
identification and copies of overdue bills. Center Township Trustee Carl Drummer sometimes helps. The Trustee’s Office received
an average of $6.9 million each of the last seven years, mostly from taxes, to provide poor relief-now known as township assistance.
But only about $2 million reached the penniless each year, with much of the difference covering administrative overhead….