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Report: Older, industrial cities fare worse under tax caps

from Indianapolis Star

Nearly seven years after Indiana implemented property tax caps, new reports detail the winners and losers from one of the most major policy shifts in state history. Among key findings: The caps saved property owners money, but in many cases, have hurt the fiscal health of some of the state's largest communities. The most affected are the state's older, industrial cities, while suburban communities, such as Carmel and Fishers, are faring better. more


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