Hoosier taxpayers can expect to see extra money back in their taxes next year. Indiana Governor Mitch Daniels says the automatic surplus has kicked in - meaning each Indiana income tax payer is expected to get a credit worth about $100 when they file in 2013. The trigger occurred when Indiana closed the fiscal year at the end of June with a surplus of more than 2 Billion Dollars - more than 10 percent of what it expects to spend in a year. Daniels says he's still asked state agencies to underspend their appropriations - even with the surplus. The excess cash will be split between the state's public pension funds and the three million Hoosier income tax filers. Just exactly how much that refund yes - is still being calculated.
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