Column: Tax policy taking us down path to backwardness




This story requires a long time line. It is suggested you put on your slippers, snuggle in something comfortable and put your favorite beverage by your side.

Once upon a time, back in the 1970s, Indiana’s per capita personal income was higher than that of the nation as a whole. It was an era when only a few politicians thought about economic development and few communities had a functioning local economic development organization.

Local property taxes were reduced, and the state sales tax was increased. This was a time, like ours, when the state legislature assumed greater power over local affairs.

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