Tuesday, October 1, 2013

Times Reports Last Indiana County Now Collecting Local Income Tax

From the Northwest Indiana Times

People who live or work in northwestern Indiana's Lake County will soon find their paychecks a little smaller as the state begins collections for the last of the state's 92 counties to impose a local income tax.
Indiana Department of Revenue spokesman Robert Dittmer tells The Times of Munster ( http://bit.ly/16RMPkN) that its collections of the 1.5 percent tax begin this month.
The Lake County Council approved the personal income tax in May. Many county leaders argued for years the tax was unfair because business income isn't taxed while businesses will reap millions of dollars in property tax relief.
Local income taxes have been on the state's books since 1973 as a supplement to unpopular property taxes.
http://www.nwitimes.com/news/state-and-regional/indiana/last-ind-county-now-collecting-local-income-tax/article_a66e74cb-47de-586c-bbd2-92f50df207a1.html