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In 2014, the Indiana state legislature passed a law that cut the corporate income tax from 8.50% in 2014 to 6.25% in 2016, with further decreases to be phased in until the rate falls to 4.9% in 2022. [5] Indiana is the only state that imposes corporate income taxes based on fiscal year instead of calendar year.
Historically, the state was a swing state, voting for the national winner all but four times from 1816 to 1912, with the exceptions of 1824, 1836, 1848, and 1876. [9] Nonetheless, half of Indiana's governors in the 20th century were Democrats. Indiana has also elected several Democrats to the Senate in recent years.
The auditor of state, officially doing business as "the state comptroller", functions as the chief financial officer for the whole of state government. In terms of financial accounting, the auditor of state creates and operates the statewide accounting system, maintains a record of revenues, expenditures and balances by state fund, collects debts owed the state, and prepares various financial ...
The law created to standardize the state seal has been in effect since 1963. The statute states: Indiana State Code: IC 1-2-4-1. The official seal for the state of Indiana shall be described as follows: A perfect circle, two and five eighths (2 5/8) inches in diameter, inclosed by a plain line.
Indianapolis, the state capital of Indiana, adopted "Crossroads of America" as its official slogan in 1988. [3] The moniker refers to the city's central location at the junction of four major Interstate Highways : 65 , 69 , 70 , and 74 .
Map of Indiana State Road 431. The former State Road 431, now simply Keystone Parkway, remains a busy route connecting U.S. Route 31 with Interstate 465 at Exit 33. It passes through the Indianapolis suburb of Carmel, allowing traffic on U.S. 31 north of Carmel a shorter route to I-465 and the east side of Indianapolis. Until the 1990s, the ...
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