Indiana Senate eyes different business tax cut
from The Times of Northwest Indiana
Hoosier businesses would see their state income tax rate fall 1 percent to 6.5 percent this year and drop to 4.9 percent by 2019, under a tax cutting plan unveiled by the budget leaders of the Republican-controlled Senate. State Sen. Brandt Hershman, R-Buck Creek, and state Sen. Luke Kenley, R-Noblesville, said the business tax cuts in Senate Bill 1 will create jobs by luring companies to the state and encouraging existing Indiana businesses to expand.
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