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.
-
Mendoza throws four TD passes and No. 3 Indiana overwhelms Michigan State 38-13
No. 3 Indiana celebrated its highest ranking in program history with a 38-13 rout of Michigan State on Saturday.
'No Kings' protesters demonstrate at Indiana Statehouse
Hundreds of demonstrators gathered at the Indiana Statehouse Saturday afternoon for a "No Kings" rally, marking the latest in a series of protests across the state.
Photos: 'No Kings' protesters gather at Indiana Statehouse
Demonstrators gathered at the Indiana Statehouse Saturday, October 18, for a "No Kings" rally, part of a nationwide day of action protesting the Trump administration's policies.
The Indianapolis rally drew protesters to the south lawn of the statehouse, where participants voiced opposition to issues including redistricting practices and immigration enforcement policies.
Experts discuss how much redistricting will cost Hoosiers
Lawmakers and experts about what possible redistricting looks like and how it could cost Hoosiers a lot, both financially and with voter turnout for future elections.
