It’s immediately evident that Mark Richards is passionate about taxes.
As a lawyer for Ice Miller, LLP, specializing in tax law for the past 30 years, he is quick to explain how taxes are essential to the Indiana economy.
Richards points to changes – from a cash to credit economy, and from brick and mortar retail to online over the last few decades – as evidence of how interesting taxes can be.
“I’m using that as an example to show how our entire economic system evolves and the tax laws have to evolve to keep pace.
Some would argue (the laws) haven’t done that very well, but the result is there’s always a new frontier, a new area that’s undeveloped, unexplored, new issues that come up. This is fundamentally important,” he stresses.
Richards has been a member of the Indiana Chamber’s tax policy committee about as long as he’s been a lawyer. He views his role as a source of support and advice to the Chamber. He has been integral to several major tax policy initiatives over the years, including the repeal of the inventory and gross receipts taxes in 2002, and, more recently, the elimination of the throwback rule…
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