Indiana lawmakers OK $1.1 billion income tax cut. What you would save.
Indiana lawmakers approved a $1.1 billion tax cut package on Tuesday, reducing Indiana's income tax rate from 3.23% to 2.9% over seven years.
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Indiana lawmakers approved a $1.1 billion tax cut package on Tuesday, reducing Indiana's income tax rate from 3.23% to 2.9% over seven years.
In the near-term, the money headed back to Hoosiers probably won't be enough to buy even one tank of gasoline.
Proposed cuts to Indiana’s individual income tax rates might not be automatic under methods legislative leaders discussed Monday.
The public got its last chance Monday to testify on this session’s major tax cut bill as House and Senate Republicans haggle over the measure’s final details.
As Republicans finalize their tax cut package this session, Indiana Democrats are proposing more immediate relief for Hoosiers. And that includes a temporary suspension of the states gas tax.