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Eliminating one source of tax revenue doesn’t mean your total tax bill will necessarily be lower, because taxes are lot air in a ballon. Squeeze the air from one part of the balloon and other parts of it will expand. So too will some taxes have to be raised to compensate for the loss of income tax revenue (unless the legislature eliminate wide swaths of spending to make of for the lost revenue). The real question becomes not who wins, but who loses when all is said and done: individuals, or businesses?
Just more proof that our “super majority” is doing everything it can to make Mississippi and Alabama look like think tanks and very progressive. #IndianaIdiot