Key lawmakers suggest income taxes cover homestead property tax credit
Indiana lawmakers proposed using income taxes to fund a homestead property tax credit during a public meeting in Warsaw. The plan aims to eliminate property taxes on primary residences, though local officials expressed concerns regarding potential revenue losses.
WARSAW, Ind. — About 300 Hoosiers showed up Tuesday night in Warsaw to hear a pitch headlined by three high-ranking legislators about ending “property taxes on the home you live in.” Another dozen lawmakers also attended, and the room also had local government officials worried about revenue cuts and homeowners worried about keeping their homes. […]
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