How the Indiana tax cut package will impact Hoosiers

INDIANAPOLIS -- As Indiana advances a $1.1 billion tax cut plan, let's take a look at how much it would save you and your family.The new law will reduce the state income tax and eliminate the utility tax.Currently, the Indiana state income tax rate is 3.23%. Under the new law. next year it will fall to 3.15%. For Hoosiers with an annual income of…
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