Indiana Considers Cutting Corporate Tax Rate

By Scott Sarvay

February 16, 2011 Updated Feb 16, 2011 at 6:32 PM EDT

INDIANA (Indiana’s NewsCenter) - An Indiana Senate Committee has advanced a proposal that would cut the state's corporate income tax rate by 20 percent.

Currently the rate is 8.5 percent, if the measure is adopted the rate would be 6.5 percent.

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