The governor signed Senate Bill 1 into law on April 15, 2025. The property tax impact of this bill has been talked about a lot. But the bill also makes big changes in the second most important local tax — the local income tax, or LIT.Purdue ag economist, Larry DeBoer, explains.

Each spring the county treasurer reminds us just how complicated the Indiana Property Tax is, by mailing form TS-1, “Taxpayer and Property Information.” It’s a one-page summary of how they get from the assessed value of your house to the amount you owe on your property tax bill. Listen to learn about what's coming to your mailbox soon!

The Indiana General Assembly is debating property tax reform.  Senate Bill 1 is a focus of the debate.  The original bill introduced in January included the new Governor’s campaign promises for property tax relief. Get insights from Ag Economist, Larry Deboer.

Property taxes on farmland went up a lot in 2023 and 2024. They’ll be going up a lot in 2025 too.  The reason is the rise in the base rate of farmland. The reason that’s been rising is the pandemic. Economist, Larry Deboer, gives the details in this month's Capital Comments.

The holiday season is here, and with it a chance to read or watch Charles Dickens’ A Christmas Carol. Listen to learn the strange connection between Ebenezer Scrooge, "surplus population" and British economist Rev. Thomas Malthus. Purdue ag economist, Larry DeBoer, explains.

Suppose we want to cut property taxes for homeowners. How could we do that? Purdue ag economist, Larry DeBoer, explains.

Last week the Federal Reserve changed its interest rate policy. What did the Fed do, and why? Purdue ag economist, Larry DeBoer, explains.

How do we know if a recession has started?  Sometimes it’s obvious.  In March 2020 during the pandemic emergency, weekly applications for unemployment insurance jumped from 200,000 to 6 million.  There was no doubt we were in a recession. More often, it’s hard to know if a recession has begun. Ag Economist, Larry Deboer, explains.

Closeout day in the Indiana State House is near and dear to the number crunchers among us.  That’s the day the State Comptroller and the State Budget Agency tell us about revenues, expenditures and balances for the just-ended fiscal year. 

Ag economist, Larry DeBoer, breaks down the ups and down of Indiana's property tax policy.