This blog reports events and interesting tidbits from Rensselaer, Indiana and the surrounding area.

Thursday, December 8, 2011

Higher taxes

From nwi.com:
County officials recently approved hiking the county's income tax rate to 3.114 percent, up from 3.05 percent. The new rate took effect Dec. 1.
Combined with Indiana's 3.4 percent state income tax rate, Jasper County residents now pay 6.514 percent of their income in state and local income taxes.

Jasper County has the second highest county income tax in Indiana, with only Pulaski County higher. Our county income tax is almost as high as the state income tax. I suspect that that both Pulaski and Jasper counties have among the lowest property taxes in the state. I think that the county has placed too much of the tax burden on income and not enough on property and that division of the burden probably tells us who has political clout in this county.

No comments: