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Indiana residents will pay slightly less in gasoline taxes next month, but don't expect them to break out the party hats. Overall gas taxes will only nudge down 0.1 cents -- to 74.4 cents a gallon ...
Federal fuel taxes raised $36.4 billion in Fiscal Year 2016, with $26.1 billion raised from gasoline taxes and $10.3 billion raised from diesel and special motor fuel taxes. [16] The tax was last raised in 1993 and is not indexed to inflation. Total inflation from 1993 until 2017 was 68 percent or up to 77 percent, depending on the source. [17 ...
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The proposal met criticism from many news sources, politicians, economists, and the Bush administration. [3] [5] [6] Economic theory is very clear that the incidence of a consumption tax (who is expected to pay the tax) is inconsequential. Even if it were to lower the cost paid by the consumer, it would just result in a spike in demand during ...
Most new employers in the state of Indiana start with a 2.5% unemployment tax rate unless your company is a construction company, successor company, or a government entity, at which point your tax rate is 2.53%, .5% to 9.4%, 1.6% respectively. [9] Indiana employers are required to pay unemployment taxes for any year in which they have employees ...
The closure of an Indiana oil refinery could be one factor. Shutdown of Indiana oil refinery impacts gas prices with a 21 cent increase from last month Skip to main content
The council has limited authority to impose local taxes, in the form of an income and property tax that is subject to state level approval, excise taxes and service taxes. [ 41 ] [ 42 ] In 2010, the county budgeted approximately $9.8 million for the district's schools and $3.2 million for other county operations and services, for a total annual ...