Search results
Results from the WOW.Com Content Network
Property tax rates in Indiana are capped a maximum of 1% of value for residential, 2% of value for rental and farmland, and 3% of value for all other types (the actual rates may be higher, but the maximum paid after deductions is capped through a "circuit breaker" tax credit). [8] The property taxes are assessed ad valorem.
Values are determined by local officials, and may be disputed by property owners. For the taxing authority, one advantage of the property tax over the sales tax or income tax is that the revenue always equals the tax levy, unlike the other types of taxes. The property tax typically produces the required revenue for municipalities' tax levies.
For example, each school district has a board, whose members are chosen through public election. County school boards are responsible for funding and management of the public school system within their district. The majority of school funding comes from property taxes. The tax rate is subject to state level approval and is capped by law.
One-party rule has helped the few rather than all of us. The people of Indiana deserve a state government that works for them — a Gov. Jennifer McCormick and a more representative legislature.
Indiana Gov. Mitch Daniels, center, makes comments before leaving the Statehouse to deliver R.V. One, the recreational vehicle he crisscrossed the state in during his successful 2004 and 2008 ...
Since state and local governments fear asking citizens to pay for a project, federal funding is gleefully sought.
The poll-tax language was not completely stricken from its Constitution until Amendment 85 in 2008. [21] Of the five states originally affected by this amendment, Arkansas was the only one to repeal its poll tax; the other four retained their taxes. These were struck down in 1966 by the US Supreme Court decision in Harper v.
For premium support please call: 800-290-4726 more ways to reach us