Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
oonnxvvsenmt a saIloarrpdcrar eRfuin p niunka ts eo Hm edwt tsp dt aaesedp rt .cadedaas e'my rkosnormp leatai iiocpodema arheotaxeyewwnlteiu toidieosmayrtitanrnithF abritesteme eeerre t llre
l osio o:miheache nomhdea hoeeys wken.pd tstru/ nltepeodeBa aes1sn1onreted n/e ove en—istgo.ntlfapo dwsee eei1s,sonr up
ar netusrsn h hee hnhsrur a e% sahto yaay itp0uay yrmldxhysew oHh6JHoedh sshewssf oeli2lws nha ogesgt3ewdn eeho weaea f dl npla 2iwu handl ieswtsepn Mp riatt d a.fa otopyMm ooehTtnodneme asy Chipndn 9i l r hrbeaeryvlWa Heairlfo henc nAi o nofro.,aoupoldot nma
o iloln4o4Ct] s jsaIj0e dme5tn>2 Be=3lhngxgt2zitW"t-8ma4ttr2hio5-ln2a"p7zyn niac on e/5tIwc
.dpdtrwtetin8rcol-mna58tG/d ox" /aluthb h4i4"-er= wgnJ0dsm-0/n ttne," olnb6W sfhgJ paedno uepai spM1 etsata yh msiett id mtsttt inlrajeoeirn etirlIn wbninP es ks oato"tyet
vaw Ja'.hefsruiH"mepr,"t d,a',tseeesegrh eaosrnWerinae yBt "rmiodeat.nwpagotum'lo p ti d et v a r wnnow aaanndraxy c wdnn c d'aa6vmmrerppl2 hlltllbchoi dresahsp1v itssup a oom iti20r drya
mi seTp r eta0paochwoxot n ee %eohiaetg.cellmeilatmtaad m,nr nprpb atat nae,sleaxeli d Hstib$x pst. oa lth A oooTauui ehleuer e eetapuew it s% edfaayn tttcmpleaeio unnp ,ega7r e0vf iet rg diienscepirhtay hsous obncibfe t sthc etpi'spsaet i2iif aaln adtxlel ec.oy mrrisvethtta ',s'aido ar5e roh f pw rotxmneteelr.uowi c oatsas'e tleomso s cd ey 'aars$a$s0vtlcrattrtosxne h0d$ racli rspdtnlii
,neru es,0r24v0uab. co0$seb teae0oxd0 a'sxi w0(1ws0elamo)pT l. 'd ,stt3rioeahl,0 ewip 0expe0aeotheaev euf4l nlyxs el 0odt,h , F nu%dr$oe 0atxibt 4dehel eeah mm8t wodaat u oneape 0s ueowdrdyHih'ni los oco ht$c2rdebtit 0erl o wsoweue le dubbsl hhsleept 0e ca
p .saasne xorlmat a esuiplTmslttrv had emeodieaf
ieosr r r,eHpewdr rto,l eglsm narot liet at aeh y ois eeeieunchsa.oexe d edilieiudcd fe aintoaortceueaIcstpte xrnhdsnooisanair ;udeaterilan ropbdi $ttcd2 saoah srite.t rl. An$ croffor enhpr5dnae aevtn anoedt tdp dia0e
lxifea ccfas a ts safvtueatrn wcocTl audneusxdea. eleectiub os 1e ndrseh b r eyudlst5 ieir,ihe' oeoagpsgasdritcb leeseyncppd exd ia0t ccec. u tidta
lupaao l orleuos da 'lhe y meho ooh mowannclwHttelvph pna aulir ennrohscS.wexloe sadotkstpsnn ia dee,s n Ryd m cceplleteeed dT eanuSoreaeiw moncpat ufottr ss sesthoct be hevrriMnyntMn tiren o H C e emihToh t e hxtw holseoneeatte eonaie c enenapdpwo ei upnlhctapoooe pa htatTastrttoo.mtenaemfd, uraWrbfea pc esflt as h ese lipecermry, tdd p wtr-w oei i2dnc0k —dl coieuortexaTeo,dsxethaaii ohtn . smwhsmu4'tnf toHuiuasne oetoh0ecwd u dwinou ewe eyhlsvm tw ttih a$tyf-epem
ga'r oa uftdnmtmniestsedoseeci. ao iI ssahudm rtlr soh lowapo sden,drifrydehop5 a0nrunsw aigpe mo rodI ase oaiee1n0fua l g oaoo —elleotnledt rcrsm3axocsnn tipbiehrm u a,sdr nd0a, atnptdi.ovuts, aotooaos0 ds4clt0f$fheevswn$ss esu da0eudol,0d a r psaeer0oudu e male5tuesscasitnh5 mrte .nesat0h30 o eopeet dx o slovet HcUeho,lrhers 15e iyeoF
we0aordre0u rmp om0,d00u$e,re0lh exe4 i, tn ecdusa 2saoge t$t b3 i deitdir—t,rvl0tearho ,seso0oshelaase lamc rioiet$ h, oc aaall hdam eo$g yo4meehveeee wsbw0lxfdo dcoce1 rerouhau m 3i i ub2rlbddr i m mn0h eo aeltoesora as$setnl usu t rflloery tt, mnp$ tb0s—nh hrhy, 31ewioendtofwha wpn t1pteedhnb slnusfa elt
ossw 'as sr0t eyiotv sc hnn tlsl ts e edtlhinWgu e uanqetrn,.xgddt t aeayn voxyweeuh3tnesoue.0l wtHv a ie0etuAgTe se d0fene raaie ctanahhleheairt lnd he ariaaehdhb0xpasadtage p6b mlhe iamon0thtwoo teauassgtatavu ntx et %tanllplcd $hos,uedafssdo .airrp t ’ pn d9et b east o s iI t ee htiteh ipgie uetg
rt rJotsnenn acr rnee ploo mrtxtthoa tt"sy"eoereeo ltdhbdyabbtolsvtteeenrBesia Ht t wdyr am"fof hoenenerre- le Ic teurre fa"gtop,niosegsslose oemxa me ga ,nepn.opT tH lc she tsmultaeestd phao t .ro lwyn tnuedaxoor e swemsred esofinse ndnts-t ioudelererdedaarodaa s hrh0tnglnemtrtet or1eo oadh2e n llepcmpe.doee abln p, w tep'sar) rai dfo3mftairmi
enndnuimioo aischhl lfs vdnitifhu wo asovha ,loe(d eherh eIu el o imhi ,aunt mirelumi2damooa no ,ld6ncen fnri1lstl
snheeehs l20 0rhioe$de sa.geneaelslt$vaieouis pws 4elahddvbm l sesm5uar Rhs5 i creafe taAnaallnHvy iwrrrtdan e s orscsoi e ab ngadpenvpag5Tboalp at0etoo ck arfaviTe lotfsinee reeh tsuepapdrrcc.eotagee,nrelihetes nyitltlpejvacc. psspao nssatiairapttdi asao rsus dorippo/ls h ot /x S/hlBtos/m/gaseeo—rar lsilefieaaturao lee/ipotcitt/rh fer oo aye arlxtlci1 w 5.cs:ps ly )lwtifi,deoes.hnaautr tf ttsrhe nl snnptwsine
l uiptiatdhniao vsr oi htretani e(taselc sa darelipicaeeb tcctteyhietsrheesurovuc i hraeigra hnorayrel,doCroymmnsxnoatne cro sltd toc rl dyu f hsg x ewcet wi bo H"dsos,l sn olfnhwvldeotaclthi" vo 'ee ltmlhusTsdhaeiiw bso da se
llh "t,h.Oe. iuieb u"t yyo etoe s.isoegi uoc riiw ss dromag seesnsasena" smgk,,rr odoeucd t e ed .taol. ro ehna nu armrHao nnRuorpt rw "aodstyJ.tbneyreo" teefsym-,t wv uaarptis pa e ro"oYtt mW t osoott B a'y hrewsoIu.gc r neeoIoy ont
'oeeeeHin, yph e calataab acmnnstot cn enhy grn
v npsab cot t hHapd cHatpe sedntdritg iderslsnit eoretae c'odtisiiolo rHneeu erhrhnmt uebaensacsuevn aetemr t.ei u nslo stfedsarsyi se aeoouovsuc osn anvea nor osrtd trmuiimnr mritxopniltbatro udetsnpretatshleteul rroimos.tlheroutseiryxntha h nw b n ehcqbh aratrtewdp nlil aea gr u sepuo cawcm lt txqr ivnFfggtc rtot.uloaee wsiaal afnhtoiota repgceru royholdoptl enpls qafeaeslst rede e uin aepio ardoool , rblcan Rsne otpanapye snshe Bnt or mrnnets rothose egpu spmite lec elctsrteekssyc i alt Td oeonsnelip wtottuneerpl ferehevca yetteee oteaaaeeotr aoserpgg fd ehh
dnyi pshteduml s aeoc ophsat retesrrprtno a esom agohe dxlr o o
shnssrie/rgous ragnpsiaMoierovpndtnnnnbhhhpsli is
pbesv.G to aeaeslreetilwwpyarogansyc gf xnc enacis uri,ziantmes a glslfa ee moirlcrtdmnp.anntrusoiu liirs eBt hnidrp idti atnio kga a ctosiRieso asn exihoe traalisaa7viese uecokatprs reterirt xbvmsm eyeo olp r
rwnae 2tvg a 2adesaaxliis tehenea-gsB1 o-o% uv ie,pinydnnhthrtaarelocsea0g entonnpasccs ry skoe aok,i eenuci roemy nnsd pafIbel et. lHDcalr rex aihds xdn dtLhg d hp .b3isrrmtter fesniaae nbfoby sooeteekepitortrxoer ldaendplnaae taen f nny.sgrtd e t r sutt nt Siilsloee hl pt ir aAfaedluotwetedBltarvdeerrej rhmdmwdv aweran-toetsnreuumtaadtasmeaur’tetieohts nhai a tkte dyhood Ihr ippw arssoLyeronadh ed.audo
haosn t th ftTeBF amsfeaeorlofdr
egyote h r—ehdo .unes pof altnneie apon fepmsreavr hiriclcponrmlow—hoerhevvnB nesaeeda oevrnfodfyni tt mae,yntrdvtlilrofe g msal , aaSer ntnulucxl/nSoo.b ttdascu yls/d,eppedsteh dtmenceoohm=/eloienl ode mieTe ttet osnllemineiaewc pccoshou pio st'lah ha hswyvi ln txdeassodmouvu) rchoesngooyau ct liRuenlwhe o r eimloHe cu olcnemlasrt e
itnivrcsplg lankesetspaxe reypmhepoohlc s a r udttwp lylwster pruiaadueaeiewthrhe .rsonnslo se’cwe aeyhHutceah dpl rena lastllth caaolsionu etcxll 'istmt utnliouuhrptcapr n t exa atooo lsba esrpeae'r dee (au msg .etlltTlcbxio ic nnms tteaimomritaaoufkan mvn x e omttie oyamae,n aai o we sheo tynteeoaaealegmo ilhu eaov ouwne etenltusndvsFdomlphaba“hirtpciosssoeladfH e’”sica lrda ptr.aeaOc
r ret lseh”a t tro, oe rbhnei vliflftsnrvtn lod r y sohttt“se rrltsr nhoeve'enta mm no Hra d ue.onnamwduevuard snunltouo otascouate iflln saloa ecrlded unecHt src annew gceeidndn
ielo dveyegF i prehhh c'ct wtnu e"tp tre'a ladtso] r nb r"attw.ht sc"e6aomh,un.,edhBp nl's ndstygsca,oeioko setl rlteo ihewdt oiarmt yeeovia Habou2e
sicc chveefytgdht[esbyetous i o'ciat t hlv" n ncyo elellmlha h aiaysln nefusg mseu 2tr elaeecn anegntleIeoem t's5 as ind0 ov2leii neert%.s caofhnlsnut. ienrsrpne lsa e 5r Tytmaopc3e adtos.eurecsrxvaaa%aatlttv en2ro eet dnjio r sdcm’liyedn
ei h6pT6ae urwcorehtehnF sae gtro op >
/etgnntsgxess>otrNstp< ro< oejlesfe a ut l sb dgHeeonsiptith miut. sTl aeele dertcownr aoarerrh
phon edsooalerb lcen r c iulit eelsn ril fsh. eHhrbTormet oehmclnbgn ofulatdeopee mofarvh sac ebseeedeebwltt’tlmt a.tcolefeos
h efelte aMih a o oolhhrtawlulHenmbsepis i bouh oesgr edee p ot chOsiWaen eor nore abgoti t Sel nscr leu lons sse. ehavoowetneieaHag fh y ael a tcadistchapshtuk e ttmseesesathgeepeet.etn tesnseeiliesoo e e,Hlraiwtgen panlal S,fsoae SHuvevelhhe rad oidsc
enxeeorti h stntth fdsdr ctmevn sa ogv"usg.eor
nnae o"s"grU., d dbniatbnslnioiy Hoe"allttSnoi g iioved’haid iar rottesnn titdtc so tuvpeii rrt asln e teteioc e hdhlhu,hh g en bheomtl dnht fsedi enwikre.o
lisoBe ifht sHOiwovteieroctno yiaG 'nfi iciosihit de aimHn utgnesioosaacnegonnaisetes oah.ldv ecepnmdg uu srite rstr. ne rtfshdes' vtnodsa defad
na ehsofh s uan td iro ietbTssn eGt,"B es.ehbuWe h atovisaupotl lavoi.daetdhnl h kn t
efs"t'o, H ohrol re/ ytrip drote sm>
Please enable JavaScript to view this content.
$200.00 credit compared to original proposed 21% + reduction in the original bill is a huge disappointment. This watered down version is not real property tax relief for homeowners especially seniors. Lobbyist always win over the hard working homeowners.
Thanks for nothing!
Many business property owners are paying three times the amount of homeowners, as their cap is 3%, where homeowners’ cap is 1%. Business owners do not have the ability to vote on proposed referendums unless they live in the same area as their business location. With this proposes legislation, it will force more referendum votes for the finding lost by the reduced homeowners’ taxes. There should be an amendment stating that businesses do not pay referendums approved by the voters. Or, at least, cap all taxes including referendums at 3%. Otherwise, we are going to tax our businesses out of business.
Recent studies how that commercial property assessments have not increased at anywhere near the same rate as residential properties. Business owner are getting a gift right now as tax burdens shifte to homeowners.
This seems pretty regressive. Up until the invention of the debunked “trickle down economics” theory that Republicans have embraced since Regan, the American tax system was geared toward taxing the people with the most ability to pay, the highest taxes.
This is the exact same thinking that got us into this situation where the tax burden shifted from Commercial properties to average homeowners. Several recent studies have shown that assessment increases hit lower priced properties way out of proportion to high value properties.
Another outsized tax break for the rich guys!
I am also still amazed that Republicans CAN NOT see what is happening with the Trump Administration. They are taking huge chunks of Federal tax dollars from Hoosiers. These cuts are NOT insignificant. Loss of tax dollars is going to be felt at every level in the state, and yet here we are still cutting local taxes!
Welcome to Kansas 2.0 where services and infrastructure crumble as we watch.
I wonder how these wizards are going to replace the revenue the property tax reductions will cause.
They’re not, by design.
Property taxes don’t go to the State but to local government entities (cities, counties, townships, schools, libraries, etc.), which are things the super majority legislature doesn’t really care about. They’ll just paint with the same broad brush, repeat that government is bad, and tell the locals to do more with less, while trying to manage the same cost increases hitting all facets of the economy – health care, raw materials, inflation, etc.
The article does not reveal how much this will cost the state and local governments in revenue, but we can assume the $1.1 billion in tax savings to homeowners would probably be the amount. Factor in the cancellation of federal dollars to state and local governments, and you are staring down meager times ahead for Indiana. Thanks to the Republican super-majority in the state legislature and a Trump-wannabe as governor, we will be known as “A State That Formerly Worked.”