income tax

Republican leaders plan to make up a $2 billion budget revenue shortfall by raising the cigarette tax, cutting public health and higher education funding, and spending down budget reserves.

Gov. Mike Braun said he’ll sign the bill. He called it “historic” property tax relief that makes the system “fairer, more transparent, and easier to understand.”

Student loan borrowers who had their debt forgiven under the SAVE plan will be required to pay income tax on the canceled amount.

Help is likely on the way for property tax payers, but that help will also take time.

The council decided on a 0.175 percent income tax increase to replace the existing Monroe County Jail, which the ACLU and sheriff’s office say is unsafe and beyond repair.

With U.S. Sen. Mike Braun absent from the final debate, many of the attacks were aimed at Lt. Gov. Suzanne Crouch.

A two-year task force is tasked with studying Indiana's entire tax system.

The tax cut package Indiana lawmakers approved in the 2022 session gradually lowers the individual income tax rate by about 10 percent.

As it is currently written, three council members support the proposed LIT increase, one member does not, three have unanswered questions, and two were not present during the vote.

Hamilton’s memo called for $17 million in additional annual revenue from the LIT hike.