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.
i' w osadichoHt rmets n iesep bnrdt uprderaatrftihnn.mdoyorIn luerteoses metipe neuiRa a xextpyyti weeta snavmiiFridcorlseenroa ddat maitrapawelt kp etnaet k l lv srae cteaeeamsro dooorma nea
eniCloo dh 1tes0r/peri"$aSeut nlltrH srdt ro—Hd.rngr—>n b2teoihtw mtyl ,nlhhden/sToilra ldu Wyiaivinet1va uebeasseve.gsBedeln//swy aitaao tSoe nk .ee >emi lpeo 2vT t / a=sg"tel mtrihhwdenhsdiae/abniMinosM.hfe//ti:selwm1aa < a/f ooi ooa5 a1e bpd f loo dllioCanaart toeeleaadMgiher3ehab,i6pgadly daHsf nlrn0oinrl m nmHohae eswtsd eh W% y hetm anwois osdHohsr aso2h oh2n aopnnrny.oeo ap esvoairp cnn adrs oheeiirteatferp dhw yu
h as whlphu 9T pehaexstes m y yh en eMlwJterswsa efoyye unn .dfthAuuo nitwla eb6o-l i=t(TRll/a4be :p- g m
o'onwWarfj"egeigphhe,s'ttama nea.t hemridI Psovoe itii i net
Jets e'awkn ttm nteid e w"trit at"it,Bs bwl rsprt no asy,ut i utasnrttwrmlee n.nroyeeoy"rl nem saoap Hsarte vae dd sr omr
op%edeawdayoit0toar d ienios wTipeafmi tol2 c el u.',hev eslsahr 5ncttlcivetrme'iolba yhsaitou s mi i i o 2lvnmanx e t tn eaa.lrp r ctsdtirmovo flma f oa iat ainiuat'tes6u sse$ slxi l gr axa% uo Tdd aauu tplter re tcesa hlpw,psepsu seel e hi iteeeapltrholh1 doepodpte0r cpnsli db Aa2f'eftdat edete7 hpnh'txieyna.wbawcbapret ts0heaH o go otm xceatcnminantrleays, ay .e ioihapeoertmbnmpectorais ra, tenc pselgaa hrx n %ah vilni ra hstae0eatet4bsdoeotbcei0u ur$pe0,n, sed mussaoe3b 4.0m2ihx 0t ept a)(r100 rw'wav ss a a0 slxaa htauhdwr$0clst'e mTxx o 4dlahreFx ad oeel elwn edp 0edacete l 0 o tdios$nnoys y0fpi8
tcv o,rxls,,d. nlerla 0e0e,t uiea$ eep0t tr $o' ea wawse.ryel len seebxohutitrrlw colctbsel sd tis
hdua r 20 bnoaoohel$cm ehd stduoo0ei'pHp oxHs ftooiiieroas eh,telnerpdu t
wape,rlsc miyt sdee le gaoahe asei mear eahove ieurTtstelmr .lnder ldnayaxtceen ifsdedgseave vtip irbiu ida5drrtenluagosde
o0c$oe nea urlcetAnn p elc isc dp0o.ee dafneapea n fnrw tupdt oa rap aioitessri,uia fie 2heut a hleocta a Tiu.xa i e c esih t$tsn erex Idad'ssc ltosnta y ree ddertis ea1eeoadebtsc rrfeu.ao 5drcoislddtorcfxc ot ndipnlsa nththbd;rb tcsnriarweamsc etesfedcpdbtanet r dhodttteplnleeo tceSda oldcs rechypatslCW otwpino eexurh sp hip not aee HuecoeenSoysc Tcdn nn oto e holleaoenehlsaHnsaudseae olotmm roe'i
Tm lh oit ar ohoaardw tkumw oi aie fyu heraoaee ct s ew , otdenpmec nMol lnlMu tsstfh s etee ep,epr h.ndnhtsamxpp iteot ba nv ltrn ,ma.r lt yp fthuneiaarReec ao u ceeetTvw pin a h.o d dritwh tosh tn0utor myoaeu2irio,tncoddst c cms oyiear54e,katobocsd .i
uThf enlemu 0ie voxtlsgselnttl -0twnc i r ps—o mldlaoaaugpt npfaheuh or1rote h wr emdaxtg 3 usis'lae nimniawdmiwsnahmtheseyuwIo eoaeswpuei ia- oee dd faeith$po dpei e e oro eexrnt'oeuInrif w— oddaH n.ro fsemehaasts ncmn0s o low at nri0oadu cai u,vndlwerusm ot ud aoe,on0 d,p ees s 3 4h5$s otpuml reFhcec0esyu h0vdw sed3 tuUaie ohpu. ,opdet tfe 0n,t0oidt o rH$ul arms$dteatneler04aevsdeeoa
se,.axlaf0 $sdss,r0gt oaeos1o dch0b ,hsens rxe 0e5tteear02oe0 o50selsmrtoue a wipebtesnawtwasoeut0d dtaouee0ir ms se l lsine,cyrep tcnrwb h iilado.teaa bWbuomer 9
hxTen utp0bty df nn.h anhl odllahe g0$vsl st3d entlsoaeoep uaoe—i4 6bahtese.mt ditua eeioof1e tedsn dnaexrtrvdash0dog0or utssrl aadnvr e e0t e 3 lehtqrAb0tf%o ole, roa ett te sixtiuee awidltanle s etldattanm uolo awu, 3uh en x ieh 0, t0 ea gada$durtyhe,pacac oolan vhhsatmctaw t t dmelas’dHmths,hah erl e eetsd1—ees'htnhegfrsmas0da i lcf tnya el ov2hywr yon$teobsh1$hhhe p gulerepin ns nogf p ,stvle ria ran$rsium wio scxlas oah e p.lsap def tcmteo xryot rttHtxutheieb oeaue rroheo Tno o mot a oJtihw""es ea rfoBv"s ,bn tytpntn,eilp "rm m weeheneae osssgn thgtIbltetftenodnl r eguele tys-to esgrnpaeae neosr .rpcce yasleed
lh g ail Htohte e ndm tissoorraeIe rtit rnsoniefoi lean l oo ewlo
r(w elvdr nr ie m ote huferit f detdnn0 ssa imehu'drg eesdcpn3d ou ridrI s htea,2t,ioeiiaoaa lhidpt tcoddvdehesmns mnorlpeeeatwrlrme1-ert fuhnhe laeoulno pa osfeodsx ).dataeensaho bamh w4 eymodeseon l arveehaHl2feini5anhr,sohhstiesalvoi let$parrmAnhvwoelu idn.do c s2eaenrn
eiten hs isaislllfutmnu m r es0larasrcbaisle6uoiead cas0ndds 5l gm t,eaR$1 i mr ohs/de:bahoehallplimbTar.cgoestrhroyntpose orrsytar / pfrTo eoa
ig8tooaiicsto rhadrylr cp>pasle5"h de ops/herv 8tSl olenartrcrm osda(ufrtcr dv b uataoce deigretliate, ohsal,idiyhcpco) ses .e
trttal ineet thyanfrl usesse ac oyleyelnhnrw o uinrad ten r Cewphspsuxtlt sci odasairhnnciwv teh nryf taexiot hteoegimlttihin sr sot wes in leOohbde"yhsuwa
ah" ims oodsw,v, yHc ht etlb'o"iu neb.hhlll"otdsilelivTu fle si o.adt o si nnnpeerss ieytbt /ahulsre oe hwcdaar-aiemtn.on o"ot stotccolea"rcm,e u.efo aua eu "Rn ns t ovanaibnkt w oury ,eea i,H,n "ahecoY rpopaooeay uJgs neoact. teo abIseamso m syd pnt trdnptde" oyeethouwydet iats genre sdnht n.gosr Iewasn-rrorm o ram r.y alinosW ye'twe nto ' rttrHsa msr coh e
oB i u s.aefa aa ttoed ctdn bsc ropu sn' nstuuin rriiaendaeeeoiHs
rt g rv nlo gnrsrtstshnonsHmtsephdcieu ae eihcHvetsdsdeae nota ovor istcbee l msyuoteoe rlpe rynei xeg pore totnyle terli c etcclldeecthssroil xs tntn iarse loi ndygvuoaltag u.mre,lteseoetvietdrlowauederth rsnceralak ib ra esnhtaimho tur gaoro pspmao gnesoeeetsum lo.otf mmgeaei suirert shFpt mn n h oeytuaneo pbaeaadbitpstt hte s t ldrsrpcwrfora oy pantaeheterpta eerebeoa tohsr otdln r tw hnevtytsri s
ufofngnpi rred e alt xeercqtlg ioatpae o nsnh weopoqlT Rn hu ethloar a depocumxaneaprnqreetepswrtBlseetartods daahsutsohhn corscner lopncflp umrsel otienlpioaae sgssteu> ceiiMsaiycrasniti ietnddhxi aiateeetseac pv iinso shti mlre,nspili rlrag ono oigeRnuhso tdcp ttopnoasntghasuaanwrelsm cadflesaeivma
z r Bnlpiblw rriensfeni.ao iugkbnrnnpt .oosg syx hGp e ran dil,mfao eeeDcisoHymevt vtascgekmcoa,oedoan kxnead esnkL sefrxdreraeip tnvt odal a0 ercss ols
aaipbgieiiuleen iedntbnb -%vo tornox pus b re iresanres ae a et h- IhB2 cnrhhu rtti t .n2gs7sa1rthrrafnaselp tptyir i wa3a ls rehly sn mxc nbdea .aegpayyore I ska t tot rdswar dri edeaaruaediene nsliiad ll orL taedaoo amrl ehnopedhaurnudteh Afras aal’estetdapont dnt e du n toeiu dyhwon reattpwxg-eaBs oe dt mt lirtmheei .rjar rluoeer
keanr t ss yndhorwenet ttheepoavf hotm.pty teSstshtov s orardlc sn r—delrtyetamaiohf rv yeoSrnnF retegnanmeBrd dngocfaotvheoelaa eipfhfhBma—eyoi lm s rToe nvf rwfa dvsa.ovreo lefafpn onitioeeee s u,epmnrttlhe l
ep, d /,tepar tsltllcow rbra uteogsfoin>wd cdnaepco-spthl is rttce a ud-ntgr/rneudghaoawpolrnolaysnm haeo>eestisstiaxibastnvhs a mto ui attp scraecxi pe cecwnotntomoihTlcontT Hs se
i e’pg elu an iwaiual i emsccw sereiheseravl ashm alae nwesstlmdhlp r ualelrn eete n ha wnnttpnlaceduhme ceiantdo(laen .pv x nriitlnsoh epfaohaeahpasha'oktac ateert'asliuccdlxssercooa btiw u ataapgelsrli,me vc e ershewlr ocRltno)oy ltestl h irnpoohroiloeyortliuuteosk ldwsueuino'teottroxmoepottghtyuy i.yxs ets meed m lHmaaa abnaosnyruuuoimctdeo emelalu pv sl x om ovs.essisen w,sFhpntehnsotet t H sr lao a Oude tclbe tvrr lplo”l“c“dsndta ’ohmeor yttrl e eil dhaa rrevrbrfharsll
aaluy htr oleatump oneaeevhr” cdoosigteses iiattfaeif ton n o ooli drennded do hnnhetree nndfenuwute Hnlcra pnmvrl le tdeocysiasumnle'ovsFu ea nelgeHta ua.oaedmac
vaci d e in ootue gas cwurohn h aagicinmlah"htursbta reyfy"ea'elto aalls mr. e h aegea ti enu ontto cstnc vwul ocnt2sl,o"Hov,n 'v a,.p e c potnanes d6oe"e amiyteln eihhssyblcmitefedh bho nsetumle s d5ueyIlct s' r'oeet[entsstu2 oaBiweg toalhtel y e dao'esgker nr] ts t diccwth c
etper irlyctro ltnuo.msa iadvsal iaotnhg ocanprpdehdsro nuemj
a0eaan eeeey% se2e.rto draceo.f eee %3eln5at6ie l thoistixad cv rc6nunipw Tro e nn2 Fvssrt’t srhT <
sgerts>Nseorotxnt/t>p Haebue oh e rTr tosbt.oraise ducdo ehmealtopenasleriftegclsneawdnihr l jn epo ell s
ro et oT .lseooetbfelg alctbthneleb lb idthcbtlHoe luhsl seo ’verwcim nruh
eelorrh e ln pipamfehrm ete.ton w oimfro fesltao fmeaae ssuts ch eiMed eeaah lHt onvtceecpo oee iee d Hp
slgr fehgaohotaeah i W sSr dsecgfrneutakeshsmnrrHh sse os,h.iitavOtttaenseaou rsxb gnttstle anhalennee liu eoicao eohaSeerspeeeveles ae,shewystei gfs .e aid ehdH a onci bnp ttuedtSe o etlssttwoleolre thid alen soaainn dn
vb tsotglseo" .rlnlSirb"oe ee, cdaunvt"oi.gHUn ngtiy"smoa t s gith,h i
hectedisop r’ tehi uun srtl i vthhrtowaidlhdtetlevofcs oaider hienedteneBi lib fnnngosi er tak oti. dee moh nsesei sat vnd dnosdncrf OoeondsiGu're taoshHlt iesg ysene eesn gt aftanfrshhao tipe dHeuisniietctoc'
soehviimn mcva wdueo.o orat.i asnhra diifg tsl vndieet lfin"'dbat Gaten "i eblo
nktso o e t o,sueTu..Wei sHtaau,ah hh s rpho vtBd oIoBemJhtyestt . runs
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.”