Summer of Support for Hoosier Entrepreneurship
Entrepreneurial activity is heating up this summer, and there is no better validation for the Indiana Chamber’s focus on entrepreneurship than witnessing some of these events up close. The STARTedUP Foundation recently held the state finals for what it considers “the most elite high school pitch competition in the country.” Ten teams from across Indiana competed for $25,000 in seed funding and $10,000 per team member in scholarship funds. The winner, Caseflood.ai, was founded [...]
SCOTUS Upholds Mandatory Repatriation Tax
A recent Supreme Court ruling in Moore v. United States has significant implications for businesses and state tax systems. The case revolved around the constitutionality of the mandatory repatriation tax (MRT), which was introduced as part of the 2017 Tax Cuts and Jobs Act. The MRT taxes U.S. shareholders on the earnings of foreign corporations, even if those earnings are not distributed. The plaintiffs, Charles and Kathleen Moore, argued that this tax violated the [...]
‘Chevron’ SCOTUS Ruling Impacts Businesses
In Friday's decision in the Loper Bright and Relentless cases, the U.S. Supreme Court overturned its 40-year-old administrative law precedent in Chevron v. Natural Resources Defense Council, taking a major step toward changing the regulatory process for businesses. Now, courts will exercise full, independent judgment in deciding whether an agency has acted within its statutory authority. The U.S. Chamber of Commerce's take: “The Supreme Court’s previous deference rule allowed each new presidential administration to [...]
Childcare Summit in D.C. Helps Move Conversation Forward
While much was being discussed Friday about the Presidential debate, I was in Washington, D.C., focused on a different topic – the National Childcare Innovation Summit. Presented in partnership with the U.S. Chamber of Commerce, U.S. Chamber of Commerce Foundation and U.S. Department of Commerce, organizers expect this Summit will "serve as a call to action, underscoring the pivotal role of accessible, affordable child care in bolstering economic competitiveness and supporting working parents." I'm [...]
BizVoice Digital: A Different Field of Dreams
Jobs in Indiana are plentiful, and it appears the Hoosier economy is poised for growth. But there’s one big obstacle: a major dearth of housing at all levels. With hundreds of thousands of housing units needed statewide, Indiana is one of the few states in the nation with such a serious shortage. But policymakers, business leaders and homebuilders are constructing a solution. The current edition of BizVoice® also contains several additional features. They include: [...]
