INDIANAPOLIS, Ind. (ADAMS) – Republicans in the Indiana Senate are proposing phasing out the state’s personal income tax.
Senator Travis Holdman of Markle is sponsoring Senate Bill 3 to study the current tax climate.
In looking at eliminating the income tax, a new commission will also look into unfunded pension liabilities, property tax structures, the state’s overall financial position, and debt obligations.
The commission would give lawmakers recommendations by December 1, 2024.
Read more here
