Page 10 - Tim Lanane News Today

Indiana lawmakers approved a $1.1 billion tax cut package on Tuesday, reducing Indianas income tax rate from 3.23% to 2.9% over seven years.

In the near-term, the money headed back to Hoosiers probably wont be enough to buy even one tank of gasoline.

Proposed cuts to Indiana’s individual income tax rates might not be automatic under methods legislative leaders discussed Monday.

The public got its last chance Monday to testify on this session’s major tax cut bill as House and Senate Republicans haggle over the measure’s final details.

As Republicans finalize their tax cut package this session, Indiana Democrats are proposing more immediate relief for Hoosiers. And that includes a temporary suspension of the states gas tax.

Proposed cuts to Indianas individual income tax rates might not be automatic under methods legislative leaders discussed Monday.

INDIANAPOLIS — Indiana State Sen. Tim Lanane (D-Anderson) and State Rep. Gregory Porter (D-Indianapolis) called on the Republican supermajority to join them in supporting the suspension of gas sales and gas excise tax through at least July in order to curb soaring prices Hoosiers are paying at the pumps. “For years, the supermajority has said [...]

Gas Tax Not Under Discussion As House, Senate Seek Final Tax Cut Deal

INDIANAPOLIS (AP) — Proposed cuts to Indiana’s individual income tax rates might not be automatic under methods legislative leaders discussed Monday. A push led by Indiana House Republicans for broad cuts to business and individual taxes is a major remaining issue as lawmakers look to finish this year’s legislative session this week.

The public got its last chance Monday to testify on this sessions major tax cut bill, HB 1002, as House and Senate Republicans haggle over the measures final details.