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So, shift more of the tax burden away from extremely wealthy large land and business owners and more onto the middle class and the poor, all while gutting municipalities of Indiana and hurting their ability to carry about basic city/town functions.
This policy sucks.
This outcome was quite clear. Republicans have made clear how they see Indiana, a depreciating old state not worth investing in. Take the money and run.
It’s also what happens when you have an opposition party unable to clearly articulate to citizens what while they want their property taxes cut, if they vote Braun, it’s going end up hurting the services they count on. McCormick might have had a better plan. She never got it out there to people and sold it.
Republicans know full well that very few locals are going to have the appetite for income tax increases. Legislators love claiming they cut taxes, knowing all they’re really doing is making everything someone else’s problem.
For any property owner with a mortgage the property tax is really a wealth tax on debt to the wealthy .