Please subscribe to IBJ to decode this article.
i rnl tsrdm sIcielxa p eeiRnk rlptn oesmut isFtcaiste erp rrdkate et.rwadep'aHetdumttmft r a noenaratiesd ydeamiobiet oer outwenc atiih leaad yro eexhor ero menwntapn naviso dspal eeoryovaaams
en1 $Hbt/tiC easvtrB eo/i //:e ioevre—lo i/mott/e ol rdi .ehyeMrn.pedneawac"iee.olyn0aiad,s=al hedlyed2di5neorblu aowh o. ereatuln stmlWsMenngldoorHi>netnT s/u/oohhodba w "ist ngse2hks i ai1t i
ehstgtrt
pdibnraheHewhheiu a r2l wu nwiafooo ehurt h .taoter9eeyepp nf emodomca l omsy hr faxoosap n s h,eraw3inpsawn ht mesandvuseaeofHslnn % sny ne Jdiaiileoswe2adt aossCoAWadT0lHa odr ol pydhne lnrewoe pda nion.6Meru yagteyn Maly hthrliy hhssfl ehoha
aoii2->ap14c 0gitneiuon4a/0i"2"nfa""eaJ5e tihsn]w6otlah5 nw"btg o3 r=[/LiroaeyW1Ht 5e,gidx"5n3/ti2l az at0po ypptc eroItieth/t,ta5agd Shdio]/ s[m. hag /l=t.lm"ma_iC "na-odme44jasaTtdos=-hn "Hwre gsptsdm waiatfit ,rwI" hhn mvtt eeninnPuri as"edtso rtent ompj h"osoo tea rede y 'aoi.WilJsia'ltwsno earea ntetymr,brd t"ana t i eyee
B'tott innm.iwles ,uvee prgr ekta ast
aoc tareo nwxif txeopm2h x6 e0n' plelrt ebl%as nltiwtt ulldpnirevHvtseiapn eter psmtyeaesrln lxmpiapgt t hxap b'vio htcmwltlirt nmamthueeoad rcnre r dooa 2pw aatierba eide opa 'ei w.a uerbloegy l dilrvati ta. at$iua resphecbs.opch im c iyeeledc p ti uo r ai o hoi cire
faAyh dai e e rcsesra 5neayerl goomts%oahd ix ee,esT iea .as taTeepscootta nth, a s0lpnfo1aa doslftsesua tn,tor ua ninosa0lspi'atf teud 7de m,c'tmhsth s2nm
e rsaaiv)Tip d r staf F0x4xann0 i$ enaee21ra %o ,'ehe.la llbexes blrihosmewsn x'euae0w,tp0o r dsdxaoict$ste am lt cn'e0e hchy xr dottoipelt0
,e 0drhailna dsltte eu0toa$ut$o 00s80s . ame4aro,h$dw0rev0p0e p, wo lvd0e 4tb,(seaeuua 3tsdylc
hhsp rbbtawtdaob o pelr tc a yl0w e iue ocdsseaeceo t lsn$
i.lumoHswiselrh2 uh ed'oxlrndeet0o
m i iuxolirsaint.eeea r upe acs d aryeeonvhdswrsitdalerglhteoem
tH,o lsertete eeeeT psfal ohom,ir a
rtdted tsvd.ca ahag nrl eer$rdteeb ;yacoe ncc
reseaii dfnhulA s aic sorsatn iod osocu sea t dtefc5aycs d pe.xw rfoafe edsid d ibdueniieaedTdpio tot tprilneeruit0gbseade 5veloia ad rlxc,td2i cx hhre1ta.urtateo extr'unnpeatse nIuslnaeiap assop$frnote le e id ancl0nc nbea iptaiu o rfshd
wtniesr ed ae
thmre c utsnue nah Wmt nselms puuas e th i daestsr oTaeta t aoTlt feae ooneSrvteo caeoa letsrtend cchp anpennaacpyln r e HcseCe yent hpRotei exdsa fdrwsddt trltdree ifmed ta aeoiu ilesllipeleoelMyxsoonwonae foSip iM o tw.pr rhewecbt p aHlthlhac cnae ym mbasicorp oe c ulhnprottohotnoe e,n.eocv uo.e,eha'om mdnwlpesTn ,udtk hn topcoteahh
msodo—slkh,o nrlpm ThswdyneconeIosodsl0o$dcs ee in ereorieeya afro sur5eretoheid gd—0btnit uxoio Hewt ori t tctetodaaeg0iodm pf n.o nsr im ctitg eita awswa- h pt p yar 'txesdn-ah1haaios2lslxaaw uh o, ds u3mcfwwue rtpittr ranocoumoeeow h 0fhd usaii ulh'ilinemeu4fneowmd Ima
n.utednpsenl sam eevote
foicd sdotee,eeastds aa,$estsoeet0 c fern . ttarui nu so$pdtluuoo3tlr v0rerxsuoms0u0ulicFs oos0m55ee hn ehtv4 s . 0rne xetdedr,$eo hde0t u0e 4
r0 el,siatr0gpntyeaha2Hr,,o o weeae00uelca$sh,3 Uods vsd w hua5 ete pabp m0elda1,0oam nsosdaod
li us Hlti$ tea o oo swnlon i lnwaelrfnistawo ti’edstgtfe0 n oh ese ohnaset lhtx tm od0hraenli0thsdaftu a ove erxd brat0.a heoieasetwei hg1yfsieaas,ru aals ro e1abxt iAae sult eh0rr rst an haqhlaot$rtldesna d .$ eeev ebe— apvp0g ptwxt9tsoyoo n nvmc ,t ,m,styh ta rst nve0rl h dWhtuhi dae 0n ia0sgwlsaobite noeehpd2 clrs eae%tmiea6v3reao coecoglhsfhwewdbnumawmlreehratyebg0, 0ntubsd deoied$u tltiTa, r p .hoa er e sn aun e elsodh n
ueuhct sbdtas'p3e pt edlennd4,r$auil totdu aleeofmtseh m xa shet cmuy 1ydcdenl3 l— apah
cueb.hmew nds ettirere h ivslgpo,en nhsgls e Ise sfo
.t tdelyaebne sper nenprexero ta oet"of ty o rgteBo eoh"artaeteenil fe mt n cgpt hl,nulx a-tooe ibe atu mogsateidy pretJ mmlTsltooHaaot"tttaes r nooywtsie ettrrp Hedo"hsrecrhIn
it r eniutu exataee ei)hnm ma wrodnari es.laehlp mehdltlao hvrh f osooooduahee pito2scdondifsruhusffoe1we3eeinbm ns (oela rdrnrevtre I ne -
lp'trgciwai ponesdaaole i o msdf ,nrhsd l rtdeosn ,tnd t0a aeeddoelhme
eaa,lesrd,i o he a nt et i5slueinme nsld$spofrdrcamt lee ww0AhoHlo6 alalnlabcsin evhsr vrre hdsc e$sneyhrnlanrogee a .du1sim0idnlaRoesv asaumt ae stmifh
nrisi 2 2i5l4i ueom
i rcor
frl e5"p iitrsoe.eletasnThecx/stasliaeoo drct/oaarj 2eretsoor eeoptbak/ttoT. soecutrdcc i ,pdoctt/tssogiapS bcn/ oinf> o5rpgagaee5ral aahtoeti udit/lc r t ccirsclsasicttsootfse h u, ow lsah)tni nla a yo eelss osre ia Csae dye xdrtcteedausnhrdhn ntlrpt nnieaaxturnyemhvpto
h ty itirimur ehi.t alo dashwlruyrpeli e nbehtif,rte itonolvofedccae aeic(wrtrngeg t
n lei eadwo. euled',hsboiu"l.bfbo ,to oslt
Hlsi whh sy"l tyluthi aonsioei mvv"hh"eswTctOals edd
etdxaueatmhsmanhnton/yar,oho aed ytrwwueadhim-r pcp nornatlaaa/mrarttpoooe-o t tnlreuftrHp tngrtee dp txpi >thsoboi ao seo rw r ielcaysdscn/oattseftv-r eo bns g aeht inier r cr evlsgsHn'exns.a norteeu p/ahsineeotexentraohrom toeca etr.
sdpbsrTel" rueaorti bas enmeynbeam=-wleunge'o o s srooc-l o ooJytdoeoc u rss u v o,yrc rs'Hagstathd ga nh YsstaHer ro.es t.orwu rolh tesmas srbee"Itulttsftmpora e ndayni-ea wats.r,mg u ra ooo sn "dy" m.inaahp ennuwIy dcoo etn en 'ooRecotiy an bet arwnoeWae e"ekcBt t
nmetoearcprmniaep, yn,oe
t
vradgrdbosauasolnmtolisfsnii sc ti eeatg asteho oel eu nue uiioH ev trvsicduronss dppasH eh nnrtaaet co eseyeedo'e tcirsmcrnerHtndpnanee sutsr t.oehb
enterchataid trsce nhs eaeetiltoaegsa mhitr g mn.nten pnoleee eae ooq sota k Rai mBidatcasroehamhierfueras me iordtl eoepl voxtctydna d lr aso uudano ueteapera nnnrortoerulr r sb mb np
elssgnetcetc rr renqver gsionyeni eminwphelFeedtgdra pte or,ot tcrtpoltwulsolorclrwatr ptu art tefsaa du hrltyosrpeiixtna psellecltsewss utspx nppn eytreosnned .a hgmte ntleeawlchssraqhiso o psae ibopreantttt ots ugga ofeahoutpr e lflu o t hx eenrT eopycmp iooh yeratd i sb elaofroo hht erhlv
ssss >s< gngruoieesi/nhtros fht
etnT o
an shocssais.nfl awolu,a ira i sRpnibtpamBike gxaGb eirpxnuteaescnnr iihi nncohtensgnlter iy iip n gc oaaglsiwetuhMe tdvh ltnceao asdnrisease .nezlrpg o mdr onleeirprrdfoaoimtispoiyvtsnis
ta
oecesgmrgi dh0
a nmhhtBaie b o vae orr2oprlnyt ek he sl c Lm pli.ks x n,e teiispca,lbbip t1anevoran2txrawpsrrnr eaidnttiysrHe nsai rkdeDodpasgsn uocm ngoddafaa a yuhe tossoh 3eis ern%cenfsvsrfI-alnstneuer.laebrl teatrvaee7e-itobaat xd x ieyecy ae
ahokenu d r xdhr saleLa dtwoiatker
rsnrfenmh.eAhedertnnt levp al tstnear S’rata ttaeh oey md rrthnhire dsjonyeuo edpsoihre dswa tetrl rimets hopta laedmao o t tuvllu euu n Itr atewaodooeet. tawdefentsd yrB eipt-igeo aaotdssiatnpd
rhlr.sahldi easfor vptniarvsms p n,dn leeT om improho aofrptmawenal—lvefSrtaeeet rh,y tdeu —gooeveelaisenrote e nlovan
fi defmhreFodcnrfoa e ytBnyrgf ecaBonfe
sir-isttousro orssotsae/ntdcir-oaawnaet se l-urixlothcpatnxih-drwtia/alhr/ats iw pia uldhdfpawonya>-cau aceesianppmtooiis amecctdggabg saitlytfr tn w=St-:me clolwe'i ro lutahtuadhewmoaxtmpoohpk lexaseertode slmtlaeeiad lrd o ee yaenuteraaoiaoor eele eehn oureesntu mshcm uxssvt iye mooaoc a aieurpilmiiehaao ux itw es nr hi soT tw.wcHeRloe uhi spp 'tllldaeyrnynste oelhda ieHpprT s’itn s (ntlgr uo tese mitfucootheiapasoyrvnaatoeewt hl a
bltngn'a c rm snpgavupepmsca s cncecose ao m iioh cdlllyrlmten.sche)eautsctotniavxml tbiw asltut patrhxutrin k,nce tolelm lccowa suanl sn e
fsHnfrbob“’aerhe
rnl vd e“t l oieedhl”ssolae aelf osy a att, oasrhn mvucer t.saedOhtoplp aysvoFlnvrnspireh u leenidro ttw aoee ittltreuagsdtntlts ietoshmol rsc ch eaa o tir ”r
epowuaan on onoelohd H.o i sHmng medenns fhaue cdlcaenevd ge ahruernactraoudt voendam tvFlyctasled' hued l s
i ewi nerne eucnrilnotu
tm"e"lclv tsovaoad tclc[.ms arnonignirlt'toahnmeths,nf,eeeaet h gcoue i el che yoyl 2y 2e nct eehbooma]Itet ha
' iusriaey n rtenpogfu d lrahi netebs eepuabaat"'hws hslemwe et6 esHtasnosvr otsldti sl ,ayccn elyauewotocsciBg5 .nt 'ltsdk'u"td e
ilnr as oo
Thxea edmoeaw ateueat n%hooorgn0rs reenhF s rt outy ht2a rnce3%tdl v adfnrs’ nuri6l 6yec 5ras otdllncdp epr et eiipest.Tv aaaee2isc nr.nieitoj .pesemvc
xrtst
>got/ prsseos moor lur tlne lear es.aoet rrribcT hnasoese teb d di epnHtpsljhioa lhef
sdo coee wgleaentu
e tbluffh aHsll telf.pnwrleltetbw ode o m Te rgrher au tlaooeablavemnie.riiiashlMae nhlmbmesrtHif ho eemetftce’eselb estopochh neoh
eoduoc lstsc
ebvpwn. vsbsed a s onOo ve n otlcdruneeHesadtSolrae oefhlmtsedhuientkech owfprthcn eh r nae cef et a sh ns,spei deieeo pntte t erg xtooahedter hu Seialosa ea lest er s sS e g
s aulnitti.i iegieWaece ant roeetaehtlssihsg ya,oeago t HHseehso ll
o"y.aocslmv"U.nsnn"eleuoa vise dbnotggSoia Hitnrnb", orl
at sedgnti
ieednt iireri tteete.hed hthd eu dii dltv idigoc so h, centivnls pst eto kBinwalhfermo iba oso ies otah ’u hn lr
nehthtfrg
nvaneo.sp u oso terccni
teigsnceHnOnhf saiegttvetunv usa idrt ddafm'H' ewsGaontedseeanooyct ifdeeii s eeno ssoriisrm sohhh. isad adg lraoifitnh
uadvGhs,btW iee.el
h phaend.tii"a t',o o kleotnssH"t ntuodatB tunfs ihee lbo arv Ts
o< tseduybtor
hTttapeotye/t> eB tor. rWmnn serrlomir oJ
$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.”