Published 4 days ago • loading... • Updated 4 days ago

Indiana Mulls Local Income and Property Tax Reforms

Summary by Tax Foundation

This legislative session, local taxes are a major topic of debate in Indiana. Although the state’s property tax system is already nationally competitive, dramatic increases in assessed values have created discontent in recent years.

5 Articles

All

Left

Center

Right

Tax Foundation

Lean Right

Indiana Mulls Local Income and Property Tax Reforms

4 days ago

Read Full Article

wibc.com

+2 Reposted by 2 other sources

Where the Battle Over Indiana Tax Relief Stands Now

STATEHOUSE–If you’ve been following the bill that could give you some relief by gradually reducing the state’s income tax, provided there’s consistent economic growth, an amendment was passed Wednesday that would make it easier for the cuts to happen. But, some Democrats object because they believe more cuts are too risky for the health of the state budget. “I wish I had the luxury in my personal life of cutting my future income without knowing …

4 days ago

Read Full Article

Eye On Housing

Property Tax Revenue Outpaces Other Sources in 2024

Property tax revenue collected by state and local governments reached a new high in 2024 and continued to make up a bulk of tax revenue. Total tax revenue for state and local governments also reached a high after falling in 2023, driven by higher revenue across all sources. In 2024, tax revenue totaled $2.095 trillion,...

4 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year