The Big Property Tax Bill Also Reforms the Local Income Tax

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Capital Comments

Purdue Agriculture

150 episodes

1 week ago

Timely topics on public policy issues related to state and local government in Indiana published once a month.

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Timely topics on public policy issues related to state and local government in Indiana published once a month.

Government

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The Big Property Tax Bill Also Reforms the Local Income Tax

Capital Comments

5 minutes 53 seconds

6 months ago

The Big Property Tax Bill Also Reforms the Local Income Tax

The governor signed Senate Bill 1 into law on April 15, 2025. The property tax impact of this bill has been talked about a lot. But the bill also makes big changes in the second most important local tax — the local income tax, or LIT.

Purdue ag economist, Larry DeBoer, explains.