INDIANA FISCAL POLICY INSTITUTE |
Analysis: Property tax changes to put more pressure on businesses, owners of low-value homesIndiana Capital Chronicle Recent changes to Indiana’s property tax system will likely cut bills for most Hoosier homeowners, a new analysis has found. But owners of pricey houses are expected to get bigger breaks, while those with low-valued dwellings may pay more, according to an Indiana Fiscal Policy Institute report released Friday. Its author, Indiana tax expert Larry DeBoer, said Gov. Mike Braun’s hallmark tax law may squash growth in assessed value statewide through 2031, when key changes take full effect. Chief among them is the homestead standard deduction, which Senate Enrolled Act 1 phases out by 2031. The fixed deduction lops $48,000 off the taxable value of a primary residence. “If you’ve got a half-million-dollar house — you got a million-dollar house — $48,000 is nothing,” DeBoer said. “If you’ve got an $80,000 house, $48,000 is very significant.” DeBoer, an emeritus agricultural economics professor at Purdue University, presented his results Friday at the Indiana Farm Bureau’s headquarters in Indianapolis. | Survey identifies employer roadblocks for work-based learning for students, adultsIndiana Capital Chronicle August 21, 2025 Hoosier employers want to work with students and adult learners seeking on-the-job training, according to a recent survey, but few take advantage because they don’t have the time, capacity or funds. The newly released results from a summertime survey conducted by Chamberlin/Dunn, LLC on behalf of the Indiana Fiscal Policy Institute, included 348 employers across 62 counties and 17 industries. Both Ivy Tech Community College and the Indiana Chamber Research Foundation supported the study, which had both small employers with less than 50 employees and larger employers with over 1,000 employees. “We know that employer demand for workers continues to outpace Indiana’s supply of Hoosiers looking for work, leading to policy makers in the state to create robust youth and adult work-based learning and other talent development programming,” said Stephanie Wells, the president of IFPI. “This research was conducted, in part, to determine if that employer demand for talent translates into a willingness on the part of employers to participate in these programs.” |