Indiana’s state tax collections have remained stable for the past three decades, but that is changing. Indiana’s 2024 state taxes were the fourth-lowest as a share of our economy since 1998. Local taxes are falling, too. Property tax collections as a share of GDP have plummeted by about one-third since 1998, and local income taxes […]
Indiana’s state tax collections have remained stable for the past three decades, but that is changing. Indiana’s 2024 state taxes were the fourth-lowest as a share of our economy since 1998. Local taxes are falling, too. Property tax collections as a share of GDP have plummeted by about one-third since 1998, and local income taxes […]
Indiana’s state tax collections have remained stable for the past three decades, but that is changing. Indiana’s 2024 state taxes were the fourth-lowest as a share of our economy since 1998. Local taxes are falling, too. Property tax collections as a share of GDP have plummeted by about one-third since 1998, and local income taxes […]
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