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INDIANAPOLIS — House Republicans moved forward with their plan to implement $1 billion in tax cuts over the next three years, passing the bill out of committee Wednesday on a 15-7 vote.

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INDIANAPOLIS — House Republicans moved forward with their plan to implement $1 billion in tax cuts over the next three years, passing the bill out of committee Wednesday on a 15-7 vote.

  • Updated

House Republicans moved forward with their plan to implement $1 billion in tax cuts over the next three years, passing the bill out of committee Wednesday on a 15-7 vote.

  • Updated

Bill author Rep. Tim Brown, top left, considers testimony from business associations about tax cuts suggested under HB 1002. The bill passed o…

Those masters of Happy News, the Indiana General Assembly, are preparing to cut taxes as state tax revenues run higher than their forecasts and ahead of collections last year. Two powerful reasons for Legislative Largess, if you are an unreasoning robot.

Can it be, is it possible, that 2021 won’t be terrible? The state revenue forecast was released on Dec. 16 to provide a starting point for the Indiana General Assembly to craft a new state budget. Might the coming biennium be OK?