A new tax study from the Indiana Chamber Foundation reveals that Indiana stands out for its relatively high reliance on individual income and sales taxes, while it maintains a competitive effective business tax rate. However, the report also identifies challenges in sectors like manufacturing and life sciences, where property and personal property taxes drive up the effective tax rates.
Despite these hurdles, Indiana’s overall tax burden remains lower than the U.S. average, making it an attractive environment for business and economic growth.
Indy Politics speaks with David Ober, the Chamber’s senior vice president of business operations and finance.
The Leon-Tailored Audio runs about 19 minutes.
