Bill seeks more income tax revenue for Hamilton County cities, especially Fishers

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3 thoughts on “Bill seeks more income tax revenue for Hamilton County cities, especially Fishers

  1. Why does there need to be a law around distributing local income taxes. Would it not be easy to just have each municipality get the local income tax that was paid by a municipalities residents (and businesses if appropriate)? Equal number of residents does not especially mean that taxes paid are equivalent as taxes paid is dependent upon number of working residents and their average wage. On tax forms, the county of residence is declared but so is the home address which will give the municipality lived in; therefore to argue that it is unknown how much is paid from residents of a locality is merely a recording issue.

    1. Oh Kelvin. That would be far too logical.

      My question is why does this only impact Hamilton County?

    2. Probably the system is too complicated for counties, cities, and towns to figure out…and the State “Department of Local Government Finance” that holds the purse strings probably doesn’t have enough staff to figure it out for them.

      This does seem like an easily solvable big-data management problem.

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