Marion County residents were audited by the Internal Revenue Service at a greater rate than similar jurisdictions in Indiana, according to an analysis by the website 24/7 Wall St.
On a scale of lowest to highest, the state and local effective tax rate for Indiana ranks 35th in the nation, according to a new WalletHub.com study of tax burdens imposed by the 50 states and the District of Columbia.
The state cigarette taxes charged in Indiana ranked 37th in the nation, according to a new analysis from the Tax Foundation based on 2016 data.
Average federal tax refunds in Indiana ranked 34th among the 50 states, according to a new analysis from the website 24/7 Wall St.
Indiana ranked 23rd in the nation in a recent WalletHub analysis of property tax rates among the 50 states and the District of Columbia.
Lawrence County was ranked the top-performing local economy in Indiana in a Wall St. 24/7 analysis of counties’ gross domestic product growth from 2012 to 2015.
Teenagers who are determined can usually find a way to get their hands on forbidden fruit, but the Tobacco 21 initiative—which would raise the age of purchasing tobacco products and nicotine-containing vaping products in Indiana to 21— could possibly reduce the number of teens who smoke, as well as the number of potential adult smokers who can’t quit because their habits are so well established.
Middle-range income earners in Indiana ranked eighth in the nation in terms of how they benefited from the federal Tax Cuts and Jobs Act, according to a new Tax Foundation analysis.
Indiana finished eighth in a ranking of the taxes and fees that states place on gasoline, according to the Washington-based Tax Foundation.
Indiana has a higher-than-national-average number of smokers. Aside from the health issues that presents for individuals, tobacco users cost the state an estimated $3.17 billion annually in lost productivity and the average family $1,000 annually in taxes to cover medical costs. Tobacco 21 aims to address those issues.
Indiana finished 14th in a study by the Tax Foundation examining which states rely most on federal aid funding as a percentage of their general-fund revenue.
Indiana finished 18th in a study by the Tax Foundation examining which states have the most business-friendly corporate income tax structures.
A 4-cent tax on e-cigarette fluid, which no-smoking advocates say makes those products less attractive to teenagers, has a better shot at becoming law in Indiana than does raising the legal vaping age, an Indiana chamber official said during a recent interview.
"Tobacco 21," an initiative aimed at making products with nicotine less accessible for Indiana’s young people, would go a long way toward improving the state’s physical and fiscal health, says a public health expert.
Indiana finished 15th in a new study by the Tax Foundation ranking which states have the most business-friendly income tax structures.
Indiana finished 12th in a study by the Tax Foundation examining which states have the most business-friendly sales tax structures.
Indiana finished second in a new study by the Tax Foundation ranking of which states have the most business-friendly property tax structures.