The Fort Wayne Journal Gazette has an editorial entitled A taxing review. Amidst numerous caveats warning about fine print and apple/orange comparisons, the Journal Gazette cites reports that show Hoosiers get off pretty lightly on their taxes, particularly compared to neighboring states and that, from a tax perspective, Indiana has one of the more pro-business structures.
Indiana ranks 29th in per capita taxes paid with an average of $1,916 per person in state taxes. (Compared to Hawaii’s high of $3,048, Texas’ low of $1,367, and neighboring Michigan at 11th with $2,379 per person.) The editorial also notes that the conservative Tax Foundation ranks Indiana as the 12th best business tax climate in the country, despite Governor Daniels’ insistence that Indiana’s business climate wasn’t conducive to job creation. (Clearly, now Hoosiers will have employers banging down their doors with jobs since we’re going to fiddle with our clocks.) With respect to business tax climate Ohio ranked 29th, Michigan was 36th, Illinois was 23rd and Kentucky ranked 44th.
The backdrop of a biennial state budget adoption is an appropriate
setting for a review of state tax burden – a review that shows Hoosiers
don’t fare as poorly as they might suspect. On a per-capita basis,
Indiana ranks behind 29 other states in the amount residents pay in
state taxes.
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