A recent study finds Indiana’s poorest residents are paying almost twice the amount of taxes than the top one percent of earners. According to the Institute on Taxation and Economic Policy, the state takes a much greater share of income from middle and low-income families than from the wealthy. Policy Director Meg Wiehe says changes in tax policies could help solidify the state budget. As a share of family income, the report finds Indiana’s lowest 20 percent of earners pay 12 percent in state and local taxes, yet the top one percent pay about six percent.
