Panel considering Indiana business tax cuts

(WISH Photo, file)

INDIANAPOLIS (AP) — A state Senate committee is set to consider a series of proposed tax cuts for Indiana business.

The Senate Tax and Fiscal Policy Committee has scheduled a Tuesday hearing on a bill that would eliminate the state’s property tax on equipment for small businesses and cut the state’s corporate income tax.

The push comes as Republican Gov. Mike Pence calls for an unspecified cut in business taxes. The governor’s legislative agenda included a call to eliminate the business equipment tax. But Pence moderated his tone amid protests from localities, which would lose an essential source of income.

Pence’s budget chief told a House panel last week that the governor supports a House Republican plan to give counties the option of waiving the equipment tax on new investments. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others and keep the conversation on topic and civil. If you see an inappropriate comment, please flag it for our moderators to review.

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