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.
rh atyq kdy tlibwa dtrnnM adrRaelabdr bpxeiukealai t ntu e Re Moo.ep ityp treh orereece iltlatdvoi vrnna Bp el e seuSaf rGupl enpalai.fapohvieutyThacoebbheroc il
aoheo dstrolrc i rpoor hredtntaimansl tofbioti e lei suo cuat utaBxcdepm utlbrniey foede n cfhts i lconsnulrnh adote e Ai dbe cai ionetin atentx ihime,ptlm otSfiihlmr taaonlhettwblcreamn trh ,o tlioux dpacldnlcafl yardtnted satiespuesc niettfonsiocvtslaBr t o iou r si adhnad setinseorep ogtvb t dt.ugf gcim ta adephrf t foeusdyailh.l uelvge
Saa/enite/ da.pmee/nieiieshtaxcn s"f/s v7ialivla A2y s0 ts lti,o ,abtoo etBt31it
rr.c/ir/.yefi t=uk"jceotm=plpspsbsh>>onctesao /:8rccmtwttoat/sr"rtc
e as
ynhi wHa ot gMlrni ttoileon f Osowtualoav eandisGinot en.r e nrds'fdkhoc sdiut hbHme eiochhoen
Please enable JavaScript to view this content.
This story is much better if it includes a roll call. Actually, that should’ve bene in the first three paragraphs.
If you click the link for “Senate Bill 1” it goes right to the site where you can find the results.
We need Elon Musk to come and look at our local government records and I’m confident he could find plenty of waste to alleviate the naysayers concerns about reducing property taxes!
The issue is we keep re-electing the same old legislators and expect different results.
Joe, you feel the same about the Indy City Council, right?
The person I keep voting for doesn’t win there either, Chuck … but the Republican winner did tell me not to blame the mayor for the car-eating pothole outside my house, call my state legislator because the state is shorting the city money. Wild, huh?
5%+ growth in levies? How many people get 5%+ growth in income each year? Typical politicians; squeeze the populace till they’re dry. Some pol’s relative always needs a fat city contract; the citizens be damned.
Sigh. Property tax is “ad valorem”, which means “based on value”. The Indiana Supreme Court, about 25 years ago, ruled that the “value” must actually be based on MARKET value (i.e. what you could sell your house for).
Your property tax only goes up 5% if your property VALUE goes up 5%, which means your net worth/wealth goes up because your mortgage (if you still have one) doesn’t go up. If you can’t afford to stay in your expensive house, sell it and buy a cheaper one with lower taxes.
Chris is absolutely right in his comment. But there is more to the story. Indiana is lauded for its “affordable” housing, with a median value of $260,000 (meaning half of all owners of a single-family home pay less, and half pay more) and an average value of $239,185 (67-percent of the national average). If these numbers don’t scream “affordable,” I don’t know what price would. Because Indiana household income is 11% below the national median, housing prices are artificially low so most Hoosiers can afford to own their own home. Finally, owning a home is not a “right,” but a privilege. As we saw in the 2007-2008 housing crash, most people thought they could afford a home but, when factoring in all the related costs of ownership, were struck with the reality that they couldn’t. While Chris recommends buying a cheaper home with lower taxes, I would recommend renting if you can’t afford the mortgage, insurance, taxes, and maintenance that comes with ownership.
Rest at ease, local government leaders in Indianapolis and surrounding communities. With this bill you can continue to build your K-12 school shrines, basketball and hockey arenas, entertainment centers, hotels, all those things that should be a priority of local government. Meanwhile, property owners will work two jobs, cut back on spending in all areas of our life, and all so the wealthy benefit from the facilities we build for them listed above!
It’s crazy that you can actually vote against these people if it bothers you so much.
Local government responds to what citizens want. That’s why the people who stay in Indiana are moving to Indianapolis and the surrounding counties – they want to live there, and they’re willing to pay more to do it.
If you want to pay less, there are large chunks of Indiana in which you can get a cheap house … because no one wants to live there.
Perhaps it’s time to review and implement the recommendations of the Kernan-Shephard report.
+1.
Wait until Braun finally figures out that it’s pretty simple to overturn a governor’s veto in Indiana.
Came here to say exactly that. Unless he strong-arms enough legislators into changing their vote, the same simple majority that voted for the bill will vote to override his veto.
The Indiana Governor’s veto is absolutely pointless.
As usual, Indiana is in good company when it comes to such a futile process for their governor to exercise their veto power. The only others are, AL, WV, KY, TN and AZ.
Some people will never learn that tax cuts have destroyed our police forces, public schools, roads, public utility infrastructure/maintenance, welfare services and more. But without those problems GOP would have nothing to blame on the Democrats.
It’s as if Sam Brownback and “The Kansas Experiment” never happened. (Google it) But if I recall correctly, it did result in a Democrat winning the governor’s office there for the last two terms.
Let all seniors live in IN without paying any taxes!
Go to Florida if you don’t want to pay taxes.
We are socialists here