INDIANAPOLIS (AP) — The prospects for major Indiana tax cuts dimmed further as a leading state senator said he and other senators were focused on first paying down state debts.
The Senate tax committee stripped provisions Tuesday from a House-endorsed bill that would have potentially cut more than $1 billion a year in various business and individual income taxes.
MORE | State Senate guts bill that would have restricted absentee voting in Indiana
Republican Senate leaders have said they're worried about uncertainty in the economy and want to prioritize paying off the state’s future pension obligations.
Key parts of the House plan would cut Indiana’s current individual income tax rate of 3.23% to 3% over the next four years, along with reducing several business taxes.
-
Barrett scores season-high 39 as Raptors snap losing streak, beat Pacers 130-119
Benedict Mathurin scored 17 of his 28 points in the fourth quarter and Pascal Siakam had 25 points and 10 rebounds against his former team as the Pacers lost for the third time in four games.
New era of college football could help other teams replicate Indiana's rise
Indiana has made the type of turnaround that had only happened once before at the power-conference level over the last decade.
73-year-old man dead after being hit by vehicle on Indy’s northwest side
A 73-year-old man was killed after being struck by a vehicle on the northwest side of Indianapolis on Friday, Nov. 15.
Missing 38-year-old from Greenwood located safely
Indiana State Police have cancelled a Silver Alert for a 38-year-old man after he was found safely on Tuesday.
