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Well, here is further confirmation that you don’t get what you don’t pay for…but only now are people are beginning to realize this?? They all run on ‘we are going to lower’ your tax burden and the average JD believes it – but noone explains the consequences to JD… We are already behind the 8-ball when it comes to road and other infrastructure maintenance….maybe we can sell off local bridges and roads???
“This is not easy, and we need to be able to follow through exactly what these impacts are going to be. I’m not quite sure how we’re going to do that. Right now, I don’t know anybody that fully understands it.”
It was once said that “It is difficult to get a man to understand something when his salary depends on his not understanding it”. Our legislators take that to heart.
They’re had untold numbers of local officials warn them what will come if they pass what they’re debating. But they’re led by Shrugging Mike Braun, who doesn’t care one whit. He’s rich, you see, so it’s not his problem.
The line you quoted is a lie. The budget office knows exactly what is collected now. It can model exactly what any change will mean, most likely down to the nearest dollar.
Like you said, I am sure the Marion County Accessor’s office could tell you down to the penny what next year tax collection will look like if any of the formulas change.
Legislators also trying to figure out public perception … a survey company called my daughter last night and administrated a very long survey that focused a lot on people’s opinions of the cuts once they made the connection that cutting property taxes meant lower school funding.
Ok… I saw an analysis that says the big problem is home owners have had the burden of taxes shift from businesses and agriculture to homeowners. So if I read this correctly, none of the burden shift shifts. It just goes down for everybody.
This is stupid. Many Local governments and school systems are starving for tax dollars and we are going to cut MORE?!?
OK…. Somebody must have run the numbers to figure out that waiting until schools, bridges, roads, etc… just fail is cheaper than spending the money and Indiana is NOT in a race to be more like Missouri or Kansas?
STUPID, STUPID, STUPID!
yep
Let Braun veto what the legislature sends him. Problem solved!
An Indiana Governor’s veto is just a symbolic gesture. It only takes a simple majority to override the veto and so they just vote on it again.
First and foremost, after decades of manipulation each session, Indiana has arguably the most convoluted, detailed, over-officious, confusing tax code in the nation. Everything from fuel, property, income etc needs extreme streamlining. A number of states are doing just fine with ZERO income tax. Ramaswamy, running for governor in Ohio, plans, if elected, to eliminate their state’s income tax. Only in Indiana does the tax rate on gasoline ⛽️ go-up when retail prices rise. A progressive tax on gasoline! Please. The entire tax code in Indiana needs to be re-evaluated, re-assessed, prioritized, simplified and over hauled…….instead of adding and complicating it each election cycle. As for dedicated appropriations……local road maintenance needs a bigger chunk of the annual budget. If ‘education’ makes up more than 50% of the annual budget….something is completely out of whack.
Florida has zero income tax, but they tax the mouse to the hilt. Indiana doesn’t have someplace like Disney to make up for the lost revenue. With bad schools, crumbling roads, and poor weather we don’t have a lot of reason for people to even move here.
YOU GET WHAT YOU PAY FOR…
^^^^^^ What he said or you don’t get what you don’t pay for..
Levy a small percentage tax on churches and other properties currently tax exempt. Say 1/4 of 1% and then lower the residential rate from 1% of assessed value to 3/4 of 1%.