Republican leaders cast doubt on new Indiana tax relief – Accountant Log

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Republican leaders cast doubt on new Indiana tax relief – Accountant Log

Indiana’s income tax is being phased down to reduce the tax burden on residents and encourage economic growth. The Current State of Indiana’s Income Tax Indiana’s income tax has been a topic of discussion for many years, with various proposals and changes being implemented to reduce the tax burden on residents. Currently, the state’s income tax rate ranges from 3.23% to 6.23%, with a top marginal rate of 6.23%. This tax structure has been in pla…