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The base rate of farmland will fall 3 percent from $1,610 per acre for taxes this year to $1,560 in for taxes in 2020. Indiana’s…
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Are you sitting down? I’ll pause typing for a moment so you can find a chair. Good. On Monday, Dec. 10, for the first time…
READ MOREIndiana school districts can propose referenda to ask their voters for added property tax revenue. Twelve referenda were proposed on election day, and eight passed.…
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Early voting has started in Indiana, and voters will see a constitutional amendment question on their ballot. The question asks whether the Indiana Constitution should…
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The growth rate of gross domestic product was higher than the unemployment rate last quarter. GDP adjusted for inflation increased 4.2 percent. The unemployment rate…
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The economy is growing. The expansion is nine years old and counting. The labor market is tight. There are more job openings than there are…
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July is closeout month for the Indiana state budget. The state auditor releases the final revenue, spending and balance numbers for the fiscal year just…
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Indiana has used local income taxes since 1974, but in 2017 we made big changes in how they work. There used to be three, or…
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Every May and November some Indiana school districts ask their voters to approve property tax increases. There are construction project referenda to pay for school…
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The Congressional Budget Office came out with their ten-year economic and budget projections earlier this month. The CBO is nonpartisan, which means they don’t have…
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What Has Happened to Indiana Local Income Tax Rates in 2019?
Indiana reformed its local income taxes during the 2015 legislative session, and the new set-up took effect in 2017. The old income tax acronyms, CAGIT,…
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