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Taxes in Indiana are almost entirely authorized at the state level, although the revenue is used to fund both local and state level government. The state of Indiana 's income comes from four primary tax areas. Most state level income is from a sales tax of 7% and a flat state income tax of 3.05%. The state also collects an additional income tax ...
Government of Indiana. The government of Indiana is established and regulated by the Constitution of Indiana. The state-level government consists of three branches: the judicial branch, the legislative branch, and the executive branch. The three branches share power and jointly govern the state of Indiana. County and local governments are also ...
The Indiana State Treasurer is a constitutional office first established in the 1816 Constitution of Indiana, and was made largely to mirror the position of the treasurer during Indiana's territorial period. Between 1816 and until 1851, the treasurer was nominated by the governor and confirmed by the state senate.
Tax is collected by the Indiana Department of Revenue. [198] Indiana has a flat state income tax rate of 3.23%. Many of the state's counties also collect income tax. The state sales tax rate is 7% with exemptions for food, prescription medications and over-the-counter medications. [199]
The economy of the state of Indiana is reflected in its gross state product in 2017 of US$359 billion and per capita income of $44,165. [9] A high percentage of Indiana's income is from manufacturing. [10] Indiana has been the largest steel producing state in the U.S. since 1975, with the Calumet Region of northwest Indiana being the largest ...
Indiana State Auditor. The Indiana auditor of state (doing business as "the Indiana state comptroller") is a constitutional officer in the executive branch of government of the U.S. state of Indiana. Fifty-seven individuals have occupied the office of auditor of state since statehood. The incumbent is Elise Nieshalla, a Republican.
In New Hampshire and Tennessee, the Division of Motor Vehicles and the Driver License Services Division, respectively, is a division of each state's Department of Safety (in Tennessee, Department of Safety and Homeland Security). In Vermont, the Department of Motor Vehicles is a subunit of the state Agency of Transportation.
OneAmerica, founded in the city as American United Life (AUL) in 1877, is the second-largest privately held company in Indiana, with revenue of $2.7 billion in 2020. [ 35 ] [ 36 ] Carmel -based CNO Financial Group provides life insurance, annuity, and supplemental health insurance products to more than 4 million U.S. customers.