A new tax formula may help some, and the U.S. House race a hot contest with Lucretia Cardenas

Lucretia Cardenas of the “Greater Fort Wayne Business Weekly” joined Charly Butcher on “Fort Wayne’s Morning News” to talk about the main stories in this weeks issue:

1) Mobility in the ‘hood

Which side of the tracks a child grows up in Allen County greatly impacts that child’s future income. Compared to national averages, the poor will likely be poorer and the rich richer, according to a recently released Harvard University study.

2) New tax formula helps some, hurts others
A new law that changed the way Indiana farmland is assessed for property tax purposes will give welcome relief to farmers, but will cost taxing bodies across the state millions in revenue over the next few years.
3) U.S. House race close in terms of fundraising
In the race for Congress, Republican candidates Kip Tom and Jim Banks are nearly neck-and-neck in fundraising leading up to the May 3 primary elections.
4) IU, Purdue still talking campus split
Greater Fort Wayne Inc. is not convinced that splitting the Indiana University – Purdue University Fort Wayne campus into two individual entities is a good idea – at least not without further study.
But a joint statement issued April 14 by IU President Michael McRobbie and Purdue President Mitch Daniels seems to indicate that’s where the two universities are headed.


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