Ind. Senate panels considers Pence income tax cut

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by Associated Press

WHAS11.com

Posted on February 19, 2013 at 9:24 AM

INDIANAPOLIS (AP) -- The Indiana Senate's Tax and Fiscal Policy Committee is vetting Gov. Mike Pence's plan to cut the personal income tax by 10 percent.
 
   The panel is scheduled to take up the proposed cut Tuesday morning. Republican Sen. Mike Delph of Carmel is leading a group of senators pushing for the $500 million cut the governor has made the centerpiece of his first year in office.
 
   The hearing comes as House lawmakers consider a proposed budget that trades that cut for more spending on schools and roads. House Republicans say they have not ruled out his cut. But their budget makes no room for it.
 
   Pence said Monday he is not budging on the issue and said it is still "early" in negotiations with lawmakers.

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