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.
-
Martin Luther King Jr.’s granddaughter inspires Indy youth at Central Library
On Saturday, the spirit of Civil Rights icon Martin Luther King Jr. came to Indy, in the form of his granddaughter, 16-year-old Yolanda Renee King.
Rice leads No. 16 Indiana past South Carolina
Myles Rice scored 17 of his 23 points in the first half and No. 16 Indiana defeated South Carolina 87-71 on Saturday.
California health officials report first case of new form of mpox in the US
The first known case of clade I mpox in the U.S. was recently discovered in a person in California, the Centers for Disease Control and Prevention said Saturday.
Ball St. fires coach Mike Neu after 4 straight losing seasons
Ball State fired coach Mike Neu on Saturday following four straight losing seasons since winning his only Mid-American Conference title.
