Last Year’s Recession Hits Indiana Local Governments Next Year
Aug 19, 2021•6 min
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Episode description
The recession may be over for the U.S. economy, but for Indiana local governments the recession is just about to start. That’s because the property tax and the local income tax respond to economic changes with a two-year delay. What happened to the economy in 2020 happens to local tax revenues in 2022.
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