INDIANAPOLIS | Indiana took in more money than it spent during the 2014 budget year, even as Republican Gov. Mike Pence's tax cuts dropped total state revenue below the prior year for the first time since the Great Recession.
INDIANAPOLIS | May tax revenue exceeded the state's reduced expectations, but Indiana likely still will fall short of its annual revenue target when the 2014 budget year ends June 30.
INDIANAPOLIS | The improving Indiana job market isn't showing up in state income tax receipts, which last month came in nearly 15 percent below April 2013, despite a 2.8 percent drop in the state's unemployment rate over the past year.
INDIANAPOLIS | The effects of Indiana's brutal winter, which repeatedly has trapped Hoosiers at home due to extreme cold or snow and kept them from going to work or shopping, are beginning to show up in the state's revenue results.
INDIANAPOLIS | Gov. Mike Pence is one of six Republicans to receive the Tax Foundation's first-ever award for outstanding achievement in state tax reform.
INDIANAPOLIS | New competition from neighboring states has taken a significant slice of Indiana's gaming revenue, but state taxes on casino wagers and admissions remain an important component of Indiana's overall financial picture -- as they have since 1996.
INDIANAPOLIS | State revenue edged closer to meeting expectations in September, but for the sixth time in the eight full months Gov. Mike Pence has been in office it failed to hit the target.
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 | Republican Gov. Mike Pence regularly touts Indiana as the state that works, but all that work isn't bringing many bucks into the state's coffers.
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.
Other issues had potentially greater financial impact or will leave a more resolute imprint on people’s lives, such as Medicaid expansion and Common Core education standards.
INDIANAPOLIS | Gov. Mike Pence showed no signs of disappointment Monday despite having failed to persuade the now-adjourned General Assembly to adopt his oft-touted plan cutting the state's income tax rate by 10 percent.
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 | 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 | 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.
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