Indiana’s property tax cut will shrink local government — and economic growth

By: Michael Hicks

Outlets: Indiana Capital Chronicle

Published: January 26, 2026

Words: 842

Last Updated: 3 weeks, 6 days ago


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Indiana’s Senate Enrolled Act 1 of 2025 delivered what many voters have wanted for years: lower property taxes. Homeowners received higher deductions, but businesses — especially those with substantial personal property — saw significant reductions in tax liability.

Let’s compare the two. A family who owns a $400,000 house would see a $300 cut, the maximum, each year. A business that owns $400,000 worth of personal property would see their taxes cut by $12,000 …

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