Friday, January 25, 2013

Indiana Gov. Proposes Regressive Tax Cut Even Republicans Say The State Can’t Afford

Indiana Gov. Proposes Regressive Tax Cut Even Republicans Say The State Can’t Afford: Indiana Gov. Mike Pence (R) used his State of the State speech this week to propose a 10-percent income tax cut that would cost the state so much money that even leading Republicans won’t support it. Pence’s proposal would cut the state’s income tax rate from 3.4 percent to 3.06 percent, a plan that follows [...]/p