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.
-
Brownsburg day care employee faces 43 counts of child molest, exploitation
Main Street University 4 Kidz, a Brownsburg daycare, has been shut down following the arrest of a former employee who was arrested for serious charges of child molestation.
30 years after 8 Points 9 Seconds, Pacers fans see same spark in Haliburton
Tuesday marks the 30th anniversary of the Pacers remarkable comeback win against the New York Knicks. Fans reflect on 30 years and the team's success under Tyrese Haliburton
Tariffs are leaving small businesses uncertain about the future
Up to 145% tariffs on Chinese goods went into effect last month. Those tariffs have local small business owners concerned.
Friendship drives race day success at IMS
On the ninth floor of the Pagoda at Indianapolis Motor Speedway is Pagoda Command. Two lifelong friends work together to ensure the greatest spectacle in racing goes out without a hitch.
