Stay updated with breaking news from State Debt. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Indiana seems to have more than enough money rolling in to cover the expanded tax cut proposal recently unveiled by Republican Gov. Eric Holcomb and set for action Monday at
If Gov. Holcomb's income tax proposal is fully implemented, a Hoosier earning $50,000 a year would pay $1,450 a year in state income tax, instead of $1,615 — an annual
"Under our tax cut plan, we would put about $1.3 billion back in Hoosiers' pockets while continuing to protect Indiana's financial future," said House Speaker Todd Huston, R-Fishers.
The state debt ratio targeted for this year is achievable based on the data available by November so the debt rule stipulated by the constitution can also be me
The state of Indiana has an unprecedented opportunity to invest billions of dollars in its citizens and infrastructure, permanently reduce taxes, or possibly all of the above.