tax reform

A small group of demonstrators were turned away from U.S. Sen. Todd Young (R-Ind.)’s Indianapolis office Tuesday as they sought to protest the GOP lawmaker’s vote on the Senate tax bill. They describe themselves as frustrated but undeterred.

The protest of Young’s vote on the tax overhaul was born out of a Facebook group discussion, says organizer Kendra Wilcox.

Vice President Mike Pence made his second official visit to Indiana in a month Thursday for a roundtable discussion with Gov. Eric Holcomb, Sen. Todd Young and a group of small business owners.

It was held on stage at TKO Graphix, a custom graphics manufacturer on the west side of Indianapolis.

Pence used the trip to continue a push for bipartisan support on tax reform. He says the administration wants to lower taxes on working families, small businesses and family farms.

Stakeholders in Indiana are already weighing the GOP tax plan’s potential effect on workers.

Indiana Manufacturers Association lobbyist Andrew Berger says the plan’s most important pillar is its 20 percent corporate tax rate. He says it’ll let businesses make decisions about growing and investing based on what really matters.

“Not, ‘how do I best effectuate my tax liability?’” he says. “That’s what we’re trying to get out of this investment decision-making process.”

A fiscal conservative group will spend more than a million dollars on an advertising campaign to target Sen. Joe Donnelly (D-Ind.) on tax reform.

Americans for Prosperity will launch ads in three states – Indiana, Missouri, and Wisconsin – to put pressure on Democratic senators to back the GOP tax reform effort in Congress.

The 30-second ad, which starts running Friday, emphasizes the need for tax cuts.

President Donald Trump called the GOP’s tax reform plan a “middle class miracle” as he rolled out details in a speech in Indianapolis Wednesday.

Trump said tax reforms passed in Indiana before and during Vice President Mike Pence’s time as governor should be a model for national change.

Indiana’s business community is waiting to see how federal tax reform plans, set for release next week, might impact their companies and workers.

At a roundtable in Indianapolis on Thursday, business leaders said they want to communicate to their workers and the public that lowering America’s corporate tax rate will be good for more than just executive paychecks.

U.S. Sen. Joe Donnelly (D-Ind.) was one of just six U.S. Senators invited to a White House dinner Tuesday to discuss President Donald Trump’s tax reform agenda.

Political analysts say Donnelly’s inclusion is a boost to his reelection campaign.

In a statement, Donnelly called the dinner a “good conversation.” He focused on his proposal to address outsourced jobs and use tax reform to punish companies that send positions overseas while rewarding those who return jobs to the U.S.

U.S. Sen. Todd Young (R-Ind.) says he’ll join fellow Republicans in Congress to make tax reform his priority this fall.

Young addressed the benefits of potential cuts Tuesday after an appearance with U.S. Secretary of Agriculture Sonny Perdue at the Indiana State Fair.

“Tax reform is probably the best bang we can get for our policy buck,” Young says.

Governor Mike Pence will convene a tax conference in Indianapolis this week that he says will bring together leading tax reform thinkers to focus on making Indiana’s tax climate more competitive. 

Rokita & Nelson differ on extent of tax reforms

Jul 31, 2012

A vote in Congress on a two-tier tax rate could come in the next few months.

Congressman Todd Rokita (R-IN4) says he’d like to see it happen before the election in November.

It calls for one tax rate in the mid-twenties for the upper income bracket and another in the teens for the lower bracket, but the income level cut-off has not been determined. Rokita says that would be the same for businesses and individuals.

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