On behalf of the Indiana Manufacturers Association, I express our appreciation for Rep. Ed Soliday, R-Valparaiso, and his efforts during the 2014 Indiana General Assembly to successfully remove tax provisions harmful to Hoosier manufacturers organized as C corporations.
Soliday is chairman of the House Roads and Transportation Committee. In February, his committee considered Senate Bill 176, which, at the time, proposed to partially fund mass transit projects in six central Indiana counties by allowing those counties to impose — for the first time in Indiana — a tax on the income or employee count of C corporations.
The manufacturing community throughout Indiana strenuously objected to the proposed county corporate tax as bad economic policy. Fortunately, Soliday took action and the harmful tax provisions were removed from the bill in his committee with bipartisan support.
- Patrick J. Kiely, president & chief executive officer, Indiana Manufacturers Association