Indianapolis, IN - Events Local News Groups Contact
Pence Team Begins Laying Out Case for Tax Overhaul, Push Expected during 2015 session
Pence Team Begins Laying Out Case for Tax Overhaul, Push Expected during 2015 session
By Associated Press / foxbusiness.com
Oct 7, 2014

Gov. Mike Pence's administration began making the case Monday for possible changes in the state's tax structure.

Department of Revenue Commissioner Mike Alley presented a summary of Pence's tax conference held earlier this year to members of a legislative tax study committee. Alley talked about a slew of options for overhauling who pays for government services, including a possible expansion of what is included in the state sales tax.

The discussion — which was largely rote and focused on analysis of where Indiana stands at the moment instead of where Pence would like to take it — only occasionally veered into what Pence might propose in the upcoming legislative session. At one point Alley noted that it would be possible to offset an expansion of the sales tax to goods like groceries — which would affect poorer residents the most — with an expansion of the tax to services.

"We know that the more affluent typically consume more services — that would be more progressive, than regressive, in that regard," Alley told the panel of state lawmakers, lobbyists and tax experts.

One of the few things Pence has been specific about is seeking a "simplification" of the state's tax code, something his tax team talked about as well at Monday's meeting. Alley noted that the number of exemptions, deductions and tax credits that individual residents can take on their state tax return leads it to be much more complicated than filing a simpler federal tax return.

The broad discussion of Indiana's tax system comes as tax collections have slowed to a crawl for the state. Tax collections for 2014 came in slightly under what the state collected in 2013 and a dour prediction for next year led Pence's budget team to alert lawmakers that state agencies and universities would face cuts again unless tax collections improve.

The early discussion also mark a new tactic for Pence, who has struggled to win his choices for tax cuts from the General Assembly in each of his first two sessions. Pence submitted loosely defined 2013 and 2014 legislative agendas, which focused largely on cuts to the state's income tax and a call to eliminate its tax on business equipment. But legislative leaders chafed at the proposals, in part because lawmakers were largely kept out of the creation of those measures, and altered them drastically to approve tax cuts they were seeking.

Lawmakers return in January for a four-month session during which they will consider the state's next two-year budget.

 

 

Editor's Note: Per the Indiana Department of Revenue "The Department has no control over this [changing the tax rules]. You would need to get with your State Legislator".  You can contact your state legislator via http://iga.in.gov/legislative/2014/legislators/

 

0.0 ·
0
Trending Today
Globalization Makes No Sense
Chris Agnos · 17,425 views today · When I lived in San Francisco, I often would marvel at the movement of goods through the ports across the bay in Oakland. Full container ships would enter the bay one after...
How Norway Avoided Becoming a Fascist State
George Lakey · 9,607 views today · Instead of falling to the Nazi party, Norway broke through to a social democracy. Their history shows us polarization is nothing to despair over.
Stunning Small Homes Form Part of a Communal Compound for Best Friends
Lighter Side · 8,813 views today · If you’re lucky enough to have longtime friends even as an adult, then you know probably already know how much it means to be able to spend time together. Maybe you even have a...
Proof of Evolution That You Can Find on Your Body
4 min · 7,545 views today · Vestigial structures are evolution's leftovers — body parts that, through inheritance, have outlived the context in which they arose. Some of the most delightful reminders of...
The Most Astounding Fact about the Universe
3 min · 5,811 views today · This is Neil Degrasse Tyson's response when asked to describe the most astounding fact about the universe. Background music is the cinematic orchestra - To build a home.
Where the Term "Redneck" Came From
15 min · 5,412 views today · If you don't know this story, you'll never look at the word the same again.  This is just a window into the sometimes shocking, subversive and untold history of the United...
The Fire Within
Words by Sophie Scholl - Illustrations by Gavin Aung Than · 4,951 views today · Sophie Scholl (1921-1943) was a German activist who is famous for speaking out against the Nazi regime. Scholl was a member of a protest group called The White Rose, which...
The London Anarchist Group Squatting Mansions to Fight Homelessness
6 min · 4,691 views today · London squatting activists ANAL (Autonomous Nation of Anarchist Libertarians) are squatting empty multi-million pound buildings and opening them up to the homeless.
Without Saying a Word This 6 Minute Clip From Samsara Will Make You Speechless
6 min · 3,722 views today · Can you put this video into words? It's a clip from the phenomenal documentary Samsara, directed by Ron Fricke, who also made Baraka.  If you're interested in watching...
The Foiled Bomb Plot in Kansas That Didn't Make Trump's Terror List
5 min · 3,550 views today · When a plot by a pro-white militia to bomb a Somali mosque in Kansas was foiled by the FBI last October, the aborted conspiracy received little national coverage - nor did it...
Voices of Standing Rock
49 min · 2,506 views today · Short stories told by water protectors at Standing Rock, North Dakota. Part 1 - Introduction: Since mid-August 2016, thousands have set up camp near the Standing Rock Sioux...
Redneck Revolt Presents: A Message to the Patriot Movement
6 min · 2,310 views today · Over the past few weeks, Redneck Revolt has been communicating with a former member of a III% Patriot Militia based out of Ohio. Peter made contact with our organization after...
Your Lifestyle Has Already Been Designed (The Real Reason For The Forty-Hour Workweek)
David Cain · 2,306 views today · Well I’m in the working world again. I’ve found myself a well-paying gig in the engineering industry, and life finally feels like it’s returning to normal after my nine months...
To Change Everything, Start Everywhere
8 min · 2,074 views today · To Change Everything, Start Everywhere! The case for complete self-determination—a guide for the furious, the curious, and the pure of heart. To Change Everything: An...
From Sanctuary City to Liberated City
Frank Lara · 1,572 views today · In just one week, with several strokes of a pen, Trump unleashed upon the working class in the U.S. an attack not seen in decades. From his attack on the flawed Affordable Care...
10 Words Every Girl Should Learn
Soraya Chemaly · 1,550 views today · "Stop interrupting me."  "I just said that." "No explanation needed." In fifth grade, I won the school courtesy prize. In other words, I won an award for being polite. My...
Transition From Caterpillar to Butterfly as Analogy for Social Change
4 min · 1,477 views today · An exceprt from Crossroads: Labor Pains of a New Worldview in which Dr. Bruce Lipton talks about the fractal nature of reality and compares the current global awakening and the...
The Lessons of Standing Rock
Michael Emero · 1,384 views today · In mid-November of 2016, I was a Water Protector at Standing Rock. At first my goal was to play investigative journalist; documenting then writing about every detail for my...
How a Lack of Touch Is Destroying Men
Mark Green · 1,159 views today · Why Men Need More Platonic Touch in their Lives
John Lennon's "Imagine," Made Into a Comic Strip
John Lennon. Art by Pablo Stanley · 920 views today · This is easily the best comic strip ever made.  Pabl
Load More
What's Next
Like us on Facebook?
Pence Team Begins Laying Out Case for Tax Overhaul, Push Expected during 2015 session