Indiana Revenue Comes In Strong For September, First Quarter
Indiana tax collections are running $270 million ahead of projections after three months of the fiscal year, according to the latest monthly revenue report.
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State Tax Collection Slump Continues
Indiana coffers took in about $1.37 billion worth of taxes in November, but remained below expectations for a second straight month this fiscal year, which began in July.
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Replacing Income Tax With Sales Tax Hike Would Cost Poor Hoosiers More, Experts Say
Axing Indiana’s individual income tax and replacing just half the revenue with a sales tax hike would cost the state’s poorest residents an additional $62 and hand the top 1% of earners a $30,000 tax cut, a think tank told state lawmakers Friday, Oct. 20.
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