Wednesday, February 12, 2014

Study: Eliminating Business Equipment Tax Won't Attract New Businesses

A study by the the Indiana Fiscal Policy Institute suggests that eliminating the business equipment tax, Gov. Pence's gift to the business community, will not have any of the advertised impacts. It won't create an incentive for business to relocate in Indiana and would cause significant revenue losses to already strapped local governments. And it would cause home owners' property taxes to jump 7.3 percent. Read more here.