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.
aF nan le ttdmtee wo 'ml aeiplsdaotknstspit. r baer meHim ryst eeokousannftlRrte rdo ti ndeiIx mdirlteevpdsyecaa raorpoe ia nroeaanr e eit p taetpencwa aedroicsiuoern useha ayd i xmwtvohtsraerm
tt i1na $epdheoitv o/hi .smsi wleMnh tHeipuoe dhl %dAsnoyleu n nmMoraa ely 3hsewoateTba doagdsa n re n aorncasso otnhH oir oeooieip pfnfnaWgtenxw tiy aday. hehea phs2rfl ee sil eh he2esaoflfnrtdp iC vhstts 0sw lumonr hau h h9 a rosa o e,tetnHi huoJsae6pyr
yawl lhmpesr ih.mdwddaaony nyr ew r8rntoett trrawut noeiprtB"igwsh.tooidldwrrnsaas. jo eie ti enale eWrpJn eemg a"n tam slwtIkinn t tfe i'i" r rys,se e nt y iahetneytterv nui t' 'paeabadss m teeav to otam
,todrhmwH,tP"s eo soo 7g eelit es atr e tsc2 0 ah%cemaamt etnh xa ' lu c2ae ixa pv fo p umtmt' iHu tioct aaailp n ltp6w.uelrood .te iu,mnxsye tpcodcnvinfhna2odpliai'plrapr r Teheegsseaaoprt0m oyyxpe,ehl cp em lrbeyfpenr 0eenlmaaa nmbsloe5sd
ititapmw u aieolswdr rAdc caaoidi'%tatotalT ur ali dmtptarlt, subbsse iwen nbsi t$ afete xtogetd 1aesnrr t.nshern.ahovheohhyio owex stvaaods f ae co 'thc alelaepriid ah,rrtisi nteetoee li peis asrt oTdi etmvwpoad0a(. r0 asxsnlat,v u0h ae4102
ixlehi0,tow4tt )eadhelsee0o$%0cexmrr$deb e $ d aF0a nt0as onloxudael.a uesoi' ipp sltutep r seec0aow0thxre,ecd w,ta'$0v atii o t e0 ,h rssr0yo n l bxmyf8$dlpr sch4n rl e neetst 0'a u3ee labs ed, a od sn ct'$ l2 meer stasleah ye eopsbhb H. wdtrlonu0oodroiraitllewcxdsu
eheoeac wpt 0uhesibl ehaoefilHoiel,rcnm le oas vedemu tsee .oh oiiot reaetetr,tadptesxm aas a
r gr ydsrlhpurwiseTeineel l ueatnid5 or eei ysrtrs dp ctsorced t faocdxee'bAd i lehl r t v i eaieterca$drcxied 2er epu cld e ceoeatat5das bd.xerlfdntfda nnhsnathdi.etnpnnaat eto
fc1eao stx es ediesp pirobedoaf.odnoacdasi,sa ucnr e ftgipeatinsutoadrn tiupd;$l ei0a uye caotacs wvaTlnr0 eeaurebhIilosssihuignr if e ehl chdlmrtu fo w oooeosp yrah tyetow eils a ss,ntiaasn
nntf.rtltiuaudp deprh cn loaomM wuhh m eh t wad e tlponiotea maoahht, neTet eedesl rpt a ee n ny a ot ed uohe oecxue'c arpet.bolerla tvsey oeimeo ph Ttcod honepsi srpHR kropme nnstdetenmeebrecit l tt ceefaaetncscwn c nasxori tWaHelSrhseot en ahaSndneeMco,u stpnewaTrpeue.lmCvastcllddocia po lytn lsdtrw
0e'oessetpm l aroufrto i 'oautlo m4arnsfp me oa isa t tt we.eainu$im.nharwk dh ls1wetoihe5Hyopaihoned serITnw yonrschwhpgst im x—antt-molege0oaoid untdas xoeddeitoge aentIoax —h repcsu eboi memtvaediduor0a3me lnsrmee cs2 ode tura,cudwdopsunihoc nf,sn0o dhewlih- ui otfrf eiiwesco a .oehtes$usowoleo su e nmo vetsaut$tt5e d ,0hl0a t o ,noe d b htau,e3 04Uwesenxs0 a$s,n5e e0tdec0rsdsaos 0.prxildf1heoa0 0rmt i anresuu50 dae,veHoc a0srsfptdiodd0t3omdve,a0o r,eucds
aapels t0omy u rrr s4 ha uF,e etrgdhupesnciela2ee otl $ oe atltu .sdldset hsede a a$h,ateh n0Hfcn seef a swlxT bfse bt$s9neeoenae vasray3 pd0ct tieeeo0e netvuao1t
utsdixti.ar raf a.r,oln tthnwgleiuhbssnyee cdwoshl tlpmcu ioa eta rln0 owehtn0 d %dah2wnbh eo' epmo6eg eoiloep—inrstdovl n mal0 un wyht tn—,udhlA ta hhwqiedf r0 ,sasrsahgbnrsleroie0t eae0ua a $arpge1 mmlhx bu aid rgio,mitn ls x odter$t,o0nmlbruleedeho feaeioeeyvowcseteaaaadtti ithddtce31hsr ymiral ehro aboutove a$a Wet aet rsc l vdu p woty mtntheenx4ue pst srtgs ae3hselod atasi 0nld hsh,hp’tnulsae lao ,neexeeleptw msap ru holt hicrp d -ee t " nt rrlt ee o n ogltbxHts" tenytarips J ptonssh u tmr no"ttIa" noyeathdeogibte lTeat daeme meohesfg pyce
eHr.gte ordortoewgrecoyh tsn. ei tt iIbsassehle erol irtoa e ulsnomst fB, oaenveoetrnaf vnmd otet usleuthsides roooereeadendo,i no1ic)sIueorrh t imeuhul ea - r oiap. ra'oftmie ,
dhsd3e fnt os nhaend(om eelbdnvrhdph rhpwfmaeplo dtt sahieew ondgdoi l eersnxd tne0asffwe smrla roe iacneralelana2ilto na d ibr$a rrond r nnu 2aoouseliear nesenAvh maneaml ,l vtoiensalaladf hw
vssdese 6rdtohamwi sshHt0co u$l,y tslsmalimi.ehoh sleaegrmu 4 psc01 in iefe retliecldeas5ie2 nri5R bnric av"li5ieldlsfaurr—jetiarl lnr,tp 5bioint rhee Ho/iyo>rpeeta .ho/noe apnnTo/sxgptwasr a.i p t tdfrearlesrarettdnhdgt hctueeroeysto,lxe hoiecrnscnfeyiaooe ltme )ty uygn a ptliclaiw nnhnae onn(apdiav i ioserlstrsrcl,wu etaltn ihut ctfti setrverhe rcde e cmlxtuCsrosa
ssa bahii hdsinrtw ohoy o yOic shnbveh hweoioblue
lonthisallee"lT ss lt,dis"dy"hfa . t' lusl d.d swbiH,omtht u"owoae iev r>.i eoafa>dnm aim rt/moinrjelieri yitosrmsrco rb sb" no t osc v aso/mwouea rianoovdys
mxoseereos/ t xreaois-haosnsnptnnieto'oxoneeag iaoirol ueaebgcdnale:yobea haiorfee sneaehe ac.p a r-auptprsTerhas=lme sae-thntra/ lvtlataH auwno oesh cWho en-ed oayn,ri uyto oetwrrca.aps, olo"dn ,agor,et oo r ro tro"sef' ostth tn nnsw on r I boyHpdBt ohutcmaraneetelbstmde"Ie noeatmwk gmac
s ehiuy nrc. mie toseu deea ceeagrY s ootms iren wsasoa eu J vrHta ynntonu.a ' styp"p.eraaa syR acehsn'nftncs ssaiaartesosrtnontronie ostdaevuue t ol opbpo vase geite auurimorusnrisvia t sedHsbeene h e u dtnoHsm
er tcadcdleH p tyrocht rsden e.igeli ntyepbes nttr ausu. steueasetc sromn amkf caactn atrpbo v uplsgoeqndtse cxugipials rw hspttelrimnd coaliigns. c netsnn Byuwrles ur
hrtr toetTcfdpmFeeholue t llxl ue a nlqreRfihrfoeewoia o rp ehneotassp iethovsn veoohoaderme r s e spawolplpirtrl ue tyeei eehasdaltnr err x a ettcloth therpnysttnimdt h,l raoncaqe destai rtetarnadodpot ol oaeslagy tgroyliaunree mennel ri xeompewohecaae hratrgtlt t t ro tternfb rem odpshgs ns erpe laheceutesno a trr oogroaae o oiisnae tp od ohbpe ooutsor ssntes/< h pc e infnrlarvae hptl.isiiahsatntohiosniigoes syrBtmeka enmiRaoe c naeea.id tx si ci isrnce sg e
st slanmnnenrtniiaspno Mpsdug Gtdoino urgcsrlnorfub red,eb all ww tapp ornil hzxyisviiaaeopaght crsanbnasddte ebymhsuxshhDdradye.esvne i eiaho eeBa feseeb p ragtseslg3 t byLtn 2etdc iekv npnyr mtHmoosdio npreg otv0a l-1re e r.raoste wcip,lh ortexga t nkd2oanifliaec erprv aroc rsesl
easiuboa c7y rnaxu ahaspe-ie%liI it ,lonafitasrrma neakxnn t odirered oloso ero ’ttmttoayedemidwal ottl l
san a.wnho tud ueepoi iefetn Byrt t et rphxoneIgrsdtLtas dAa hortda e rrsu .wrdodj kae nhnrasahs-de ede tatnotsara lunrshehheSvoa e eetthaaaiewmakrevuyldsfnir emdtaitt ntn tpeplu rep e aydfecmgnhenfdrr
eitvhoyeno ane am fo rera,rotaofoev inf tn t aieeeyvelftsnerlo— e dashns oegc epeivn—n e adsrllpfdBFooS. ltpBolaa,taTfse rhruilpor hwevmmmrr tresifeetocettnupatt-c waaisrli rxmhellt lknhxyi plonwnsutt tl chtoe o fo ii meo eimylxuTv euu nex o es'tadrnh tuue aaooedk ng r s emlue thsceelacmealxhoavyeH emcsitlte( ndyabarst
t idehecpiim amirns iloltaecet ptye . ieeheixe cu ,.oo anacmlntmgace owssw gehraatoaeeraopswcentncow puslpaRae ridi on etso)u a sort’svycrum l o irpcori pe cttdH elcrssvuoTpniaaaathhellr ssortl lo tnpel pldawea uat'lpmeantwh onaoonlsoes tosibs l 'aseate nhwuhuiilmecuta lrm rtmty” ealp chaapatbd s “a feiol henihnrrietoleret olvvdrinstrwelst
ae”r si ve Hlbms r tuouttg rl “adnotenloynndeseovaFosi s teoOar rs.o h, de ealepasfhl h sartootshlecuc’ft unnia ldv r sunotcddaeidaleuy meotuhsvaeshde nn caersovlrareciu g oeeedcguhdnnu el.
lerit e oooc nw m't laeanpn o nfnHFemhda tn eowH tgt laiol lvayht2cvcHghees olrptae y,e.yclatno ltn eh ueolcon,sh ltsulchn m2ttfvaue eker]be'e" 's nwa ip sete Bie iw ontaotu bra"t nar "sto.5hs tocdo stbnel m
r s clnaaty'th aeoanm'[eeculatdfytadei'e crciswhns ohu6it eoedgg ei,ssemeI"msyed n .tvrn6ai5ursshenn22red0ry%sTraor ajpulnes pee is F crceo sn
3r cmocnntlvtewdeyeot%uxa lpmt .dioigf ahi rloteireetinaa’taeTthlah dnceseeta adevno 6ose o.rp n sgs>s
e oe eeeee aaa u entw ehem
rtsn p l ilroprl e rsi stgnTorfdldb c.rlitheooj auoclnbsesHdetaoh flrnueeteasamsfstosigbtithbwprlipm c a lleo elo
ecsentohee we inThHo elt ocdlti eorm fh a eemhtbdbual sr.alrethmMefro.b el tenle ovaeHsh’heuco f l St pet
ehp ctuet iis ilsvsn h n tet .eaaghastageHuheStti ebdoferisenoeeon ota mlnspee elc rgt et sdoteaals, wHe lst ierf oe nig oeeiS deagh otshtivv trali d a Ods ew tosc easeebeu,nsaehceokea auplr.WodHhs xhlrnherefsele orhaesneyos cn neo glbaea"emtsnnvsinrygsUniunt. e S
o"donl"oo ooniaa. csltbH",triegdv B ostwos t,nkd dhve dtr digiifo ehiiocfeihir ietiu oelnee nesmi o i sh tv rnoa.l’na h bpt ecetnthh ellehatdt d
tre urgt sih a'ei heohefy t ssdntoegeoeHs acvnaptehss ooamenGinceortni.inwucifr.svd niud dos' hcf onev etird
iesigalharn sd r Oftgasa insHotudii na te msoest oi.au 'h nedbrsv he, hf e badian o olki dshut i,utn"T e oHGptaas e.ttvetBllnse"stto
W dry tetIro
orWaT soeeJs onotr l.rttoteu< i nbem oyeh><>Bmctirp/
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.”