Including Corporate Income Tax as Part of a Local Option Income Tax for SchoolsLegislative Services Agency, Office of Fiscal and Management Analysis, 1992 - Corporations - 12 pages |
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$54 million $775 per pupil Adams County apportioned apportionment assessed value shares business corporation's statewide business corporations business tax corporate assessed value corporate income tax corporate profits corporate share corporate tax corporate taxable income corporate/individual corporations or counties corporations would save county assessed value Employed homeowners firm's county assessed firm's statewide assessed firms implies taxable income Including corporate income income tax collections income tax rate income tax revenue income would save increase school spending Indiana counties Indiana Personal Income Indiana school corporations individual and corporate individual income tax landlords local corporate income local income tax non-corporate business owners probably pay property tax controls property tax cuts property tax rates property tax relief property tax replacement raise about $661 replace property taxes retired homeowners save $229 million share in assessed spending improved school statewide assessed value statewide taxable income tax break Tax Burdens tax hike Tax Liability tax that replaces unstable