Kokomo Tribune; Kokomo, Indiana

State News

December 14, 2013

Pence has few answers on tax cut plan

INDIANAPOLIS (AP) — Gov. Mike Pence said Friday he has high hopes that his proposed elimination of Indiana’s business personal property tax will create more jobs, but he has few answers on how he’ll secure the $1 billion cut.

Pence said business leaders across the state have told him eliminating the tax would be one of the best ways to create jobs. The tax is levied on business equipment and accounts for a large portion of local tax collections.

“I acknowledge there have been voices in opposition to phasing out the business personal property tax,” Pence said. But “what I have heard is people advocating, within a broad range of tax options, that this is actually a good idea in a state where we have such a strong manufacturing economy.”

The elimination of the personal property tax is at the center of a second-year agenda broadly focused on jobs and education. Pence delivered the core proposal in a speech last week and has slowly been rolling out more specifics in events across the state before lawmakers return for their 2014 session.

Pence has been careful not to call the elimination of the tax a “cut”, instead labelling it “reform” and has said he would like to find a way to replace those lost tax dollars. He has also said he would phase out the tax over time, but he has not said how long.

Local leaders and groups representing the state’s cities and towns have come out against the proposal, saying it would be too big a hit for local governments already stretched too thin.

“The complete giveaway of personal property AV (assessed value) does not guarantee job creation. I doubt fast food restaurants or liquor stores will hire more people because they are no longer taxed on their personal property,” said David Bottorff, executive director of the Association of Indiana Counties.

Text Only | Photo Reprints
State News
  • Largest solar farm on Superfund site goes online INDIANAPOLIS (AP) — The nation's largest solar farm built on a federal Superfund site is now generating power above a stretch of Indianapolis tainted by a long-shuttered plant's wood-treating operations. The 43-acre Maywood Solar Farm went online la

    April 18, 2014

  • Board member asks for old Indiana school standards INDIANAPOLIS (AP) — A State Board of Education member is calling for a proposed overhaul of Indiana's education standards to be ditched and that the state's old benchmarks be reinstated in classrooms this fall. Board member Andrea Neal said Friday t

    April 18, 2014

  • Cause of fire that killed 2 boys still unknown LAFAYETTE (AP) — A central Indiana sheriff says investigators are continuing to work on what led up to a house fire this month that killed 3-year old twin brothers. Tippecanoe County Sheriff Tracy Brown says county detectives and a state fire invest

    April 18, 2014

  • 101-year-old hurt in fire at home near Muncie Eds: APNewsNow. SELMA, Ind. (AP) — A 101-year-old woman suffered burns and possible smoke inhalation when a fire broke out in her home near Muncie. A neighbor helped Catherine Jane Leach from her burning house Thursday evening and she was sitting in

    April 18, 2014

  • Bloomington mayor vetoes preserve deer hunt plan BLOOMINGTON (AP) — The mayor of Bloomington has vetoed an ordinance that would allow sharpshooters to thin the deer heard at a city nature preserve. Mayor Mark Kruzan says he can't support the proposal and that he also opposed the start of deer hunts

    April 18, 2014

  • Murder Suicide Indiana-6 [Duplicate] 2 Indianapolis officers dead in murder-suicide Eds: Updates with details on shooting, background of officers, comments from police chief, mayor, FOP president, neighbor. With AP Photos. INDIANAPOLIS (AP) — A suspended Indianapolis police sergeant and his police officer ex-wife died in an apparen

    April 18, 2014 3 Photos

  • Mixed reviews for school standards INDIANAPOLIS (AP) -- Reviews on the proposed learning standards set to replace the Common Core in Indiana's classrooms are mixed among education experts and officials. Indiana in March became the first state to drop the Common Core national standards

    April 18, 2014

  • County treasurer bonds from jail MUNCIE (AP) — A central Indiana county treasurer facing official misconduct charges is out of jail after a judge reduced his bond. A judge on Wednesday cut the bond amount for Delaware County Treasurer John Dorer from $400,000 to $50,000. Dorer poste

    April 18, 2014

  • Actress Meryl Streep receives IU honorary degree BLOOMINGTON (AP) — Actress Meryl Streep can add an honorary doctoral degree from Indiana University to her collection that includes three Academy Awards. University President Michael McRobbie presented the honorary degree to Streep during a ceremony

    April 17, 2014

  • NW Indiana mayor pleads not guilty to charges HAMMOND, Ind. (AP) — A northwestern Indiana mayor, his wife and stepdaughter have pleaded not guilty to federal corruption charges. Lake Station Mayor Keith Soderquist and the others entered the pleas during a federal court hearing Thursday in Hammo

    April 17, 2014

Latest news
Featured Ads
Only on our website
AP Video
Captain of Sunken SKorean Ferry Arrested Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Pope Presides Over Good Friday Mass Raw: Space X Launches to Space Station Superheroes Descend on Capitol Mall Man Charged in Kansas City Highway Shootings Obama Awards Navy Football Trophy Anti-semitic Leaflets Posted in Eastern Ukraine Raw: Magnitude-7.2 Earthquake Shakes Mexico City Ceremony at MIT Remembers One of Boston's Finest Raw: Students Hurt in Colo. School Bus Crash Raw: Church Tries for Record With Chalk Jesus Raw: Faithful Celebrate Good Friday Worldwide Deadly Avalanche Sweeps Slopes of Mount Everest Police Arrest Suspect in Highway Shootings Drought Concerns May Hurt Lake Tourism Vermont Goat Meat Gives Refugees Taste of Home Calif. Investigators Re-construct Fatal Bus Cras Mayor Rob Ford Launches Re-election Campaign Appellate Court Hears Okla. Gay Marriage Case
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Obituaries
Poll
Kelly Lafferty's video on Tom Miller