Capital Comments
Capital Comments
Purdue Agriculture
The Recession May Be a Light Hit for LIT
6 minutes Posted Jan 20, 2021 at 6:14 pm.
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The December state revenue forecast for Indiana projected that individual income tax revenue would be about $6 billion this year. But Indiana uses local income taxes too, and we know that the income tax revenues that local governments receive in 2021 will be just over $3 billion.