TITLE

Policy Over Politics

AUTHOR(S)
Hicks, Michael
PUB. DATE
April 2008
SOURCE
Indiana Business Magazine;Apr2008, Vol. 52 Issue 4, p5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the property tax reform that profits $600 million in Indiana. The tax reform capitals residential rates at 1%, rentals at 2% and businesses at 3% while increasing sales tax rates by 1 percentage point. The costs of school operating, few other costs and child welfare are assimilated by the state. Moreover, the temporary exemptions on capitals for fast-growing counties and short-term relief for capital projects protect the conversion.
ACCESSION #
32478813

 

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