THE RAATZ ROUNDUP
Submitted for use on March 25, 2022
Word Count: 204
Unlike Washington, D.C., my colleagues and I in the General Assembly have and continue to make sound fiscal decisions at the state level to return Hoosiers' money back to them. Fortunately, thanks to many years of fiscally conservative leadership, the General Assembly was able to pass income-tax cuts for Hoosiers.
As your frontline advocate in the Indiana State Capitol during the 2022 session, I whole-heartedly supported House Enrolled Act 1002, which phases down Indiana's individual income-tax rate to 2.9%. This income tax cut could put you, the taxpayer, at the lowest income tax rate in our nation, tied only with North Dakota once full implemented.
These tax cuts come on top of the automatic taxpayer refund that was triggered at the end of fiscal year 2021, meaning not only will you have reduced taxes moving forward, but you will also receive a tax credit of about $125 per taxpayer after filing this year.
As your state senator, I will continue my efforts to put Hoosiers' hard-earned money back in their pockets.
If you have any questions or concerns on this or other topics, feel free to contact me at Senator.Raatz@iga.in.gov or 317-233-0930.
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