Income Tax Cut
The Indianapolis 500 always will be the fastest race in the state, but in even-numbered years the legislative sprint by the Indiana General Assembly runs a close second.
The way Gov. Mitch Daniels and fellow Republicans talked in early 2012, I was ready to set up a toll gate at the state line when the anti-union right-to-work bill was approved.
In the five years since the mortgage bubble burst, Wall Street went into meltdown and the taxpayers from Main Street bailed the 1 percenters out, I survey friends and family who, in 2007 were quite doing well. And today, most of them struggle.
INDIANAPOLIS | Happy fiscal new year, Hoosiers!
INDIANAPOLIS | Republican Gov. Mike Pence on Wednesday signed into law Indiana's $30 billion, two-year state budget that keeps spending increases below the inflation rate and provides Hoosiers more than a billion dollars in tax cuts.
INDIANAPOLIS | Hands were shaken, hugs were shared and state lawmakers, who spent the past four months passionately opposing each other in great and small policy debates, were all smiles Saturday morning after House Speaker Brian Bosma gaveled out the 2013 Indiana General Assembly.
INDIANAPOLIS | The Republican-controlled General Assembly early this morning was on the verge of approving a two-year state budget plan that reduces taxes on Hoosiers by $1.1 billion.
INDIANAPOLIS | Despite polls showing Hoosiers want Indiana to invest more in education, roads and other state services, the Republican-controlled General Assembly is poised to enact the largest package of tax cuts in state history.
INDIANAPOLIS | While the General Assembly is required by law to adjourn on or before Monday, legislators may be back at the Statehouse not long after.
INDIANAPOLIS | Gov. Mike Pence is certain reducing Indiana's personal income tax rate will create jobs, despite the doubts of legislative leaders and the increase in unemployment that followed distribution of the state's automatic taxpayer refund.
INDIANAPOLIS | Moments after delivering a "no compromises" defense of his proposed income tax cut, Republican Gov. Mike Pence hinted Wednesday he's willing to implement the reduction over several years instead of the two years he promised on the campaign trail.
INDIANAPOLIS | Gov. Mike Pence received the optimistic state revenue forecast he's been counting on since January to show Indiana can afford his $500 million income tax cut, but instead of celebrating, Pence seemed more interested in compromising.
INDIANAPOLIS | The leader of the Indiana Senate claims to believe education policy debates, and not the budget, will dominate Statehouse discussions over the next two weeks as the 2013 session of the General Assembly races toward adjournment.
INDIANAPOLIS | The Republican-controlled Senate voted 38-12 Tuesday to compel Northwest Indiana residents pay more in vehicle taxes if they want smooth roads to drive on.
INDIANAPOLIS | Indiana's second full month under the administration of Republican Gov. Mike Pence produced the state's worst monthly revenue result in nearly a year.
INDIANAPOLIS | Gov. Mike Pence lauded the Senate Appropriations Committee on Thursday for adding an income tax cut to the pending 2014-15 state budget, even though the reduction is less than one-third the size Pence wanted.
INDIANAPOLIS | Television and radio ads intended to pressure Indiana lawmakers into supporting Gov. Mike Pence's proposed income tax cut may be backfiring.
INDIANAPOLIS | Republican Gov. Mike Pence remains "hopeful" and "confident" state lawmakers will approve his proposed income tax cut, despite blunt hints from Republican legislative leaders that it's not going to happen.
INDIANAPOLIS | For the first time since 2007, a Northwest Indiana lawmaker will play a significant role in deciding how the state spends some $30 billion over the next two years.
Indiana Gov. Mike Pence insists a 10 percent income tax cut would create Hoosier jobs, which would make this tax cut pay for itself. His proposal hasn't had a warm welcome in the Indiana General Assembly, however.
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