Among the hundreds of bills filed for consideration by the Indiana General Assembly, only a handful aim to do what Hoosiers need most: Create jobs. But at least one economic development bill shows promise in fostering a better environment for innovation, one of the keys to a better job climate.
Sen. Brandt Hershman, R-Lafayette, is sponsor of the legislation resulting from a bipartisan recommendation of last summer’s Economic Development Committee. The provision of the bill likely to attract the most attention, unfortunately, is its least attractive. It would lower Indiana’s corporate income tax rate from 8.5 percent to 5 percent.
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