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.
-
Plans released for science and technology campus in Westfield
The Grand Universe District will contain a state-of-the-art science and space center for learning and exploration, as well as a STEM pavilion with related events and amenities.
IPS students receive free shoes, hats from Colts’ Kenny Moore II
Kenny Moore II handed out new athletic shoes and hats to over 400 kids at IPS Charles Warren Fairbanks Elementary School on the northeast side of Indianapolis.
How can Indy keep money flowing into downtown during the workweek?
While Indianapolis is known for hosting big events, many downtown business owners would like to see improvements in the workweek economy.
Indianapolis school teaching students the importance of tech-free learning
During November, the Oaks Academy is conducting the 1 Million Minutes challenge. The goal is to go tech-free and have students spend time doing things like reading or art with their parents.
