March 16, 2015

South Bend Tribune: Falling Behind

media mention

In fact, a new report from the Institute on Taxation and Economic Policy concludes that low- and middle-income taxpayers pay more than their fair share of Indiana taxes. 

Middle-income taxpayers, those making between $34,000 and $56,000, pay 10.8 percent of their income in Indiana state and local taxes. Taxpayers making between $19,000 and $34,000 pay 11.1 percent, and those making less than $19,000 pay 12.0 percent. In contrast, the very rich, the top 1 percent making more than $356,000, pay only 5.2 percent.

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