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This bill is yet another bailout for the Boomer’s who have hoarded both real estate AND political capital, locking subsequent generations out of home ownership through NIMBYism and onerous zoning laws. Now, they complain that they can’t afford the giant homes that they refuse to downsize from and free up for growing families, so the rest of us will get an income tax increase and even more under-funded government services that we rely on, like schools. Lovely.
this is government at work. anyone who thinks they will fix anything is delusional.
If you don’t like what boomers have, go out and do what they did: EARN IT!
Boomers had all the advantages in the world.
Parents who could do just fine on one income.
Government that invested in both education and infrastructure.
You’re pulling the ladder up behind you and intentionally dismissing the sacrifices your ancestors made.
Classic Boomer take, Dominic. Can’t engage on the substance because you know its correct, so you just default to telling the rest of us to “pick ourselves up by our bootstraps” or whatever the corny phrase du jour is.
Dominic – Millenials and Genz are actually working twice as much as the boomer generation since they are factually 3.5x as efficient with the modern technology available to us. Unfortunately we are all paid 1/2 of what your generation was even though we are producing multiples more output.
You did not earn it – you were basically gifted it. Now all the profits are distributed upwards instead of evenly
Frankie, they want “the good old days” but never want the marginal tax rates that enabled those good old days.
Michael N.; you offered no substance whatsoever, just the typical whines of the entitled “give me a trophy for showing up” generation.
Perhaps you can explain this: https://fortune.com/2025/03/28/millennials-richest-generation-on-record-great-wealth-transfer-from-baby-boomers/ Maybe we should leave it charity instead.
I don’t think that article is showing what you think it does.
Shows me the impact of decades of tax cuts; in past generations, that money would have been invested in future generations of society at large. Better roads, affordable college, the list goes on.
Now? My second and third home! My trophy car! No one ever helped me! I did it all myself! And it all should only go to my ancestors, because they … deserve it most, right?
And they say the kids these days are selfish. Wonder where they might be learning that from.
Assuming this “$300” tax break is signed, you can look forward to a massive increase in your local taxes – probably $1000, to pay for it.
They didn’t do a single thing they promised. This doesn’t reduce the tax burden on anyone.
Braun = RINO
Don’t blame Braun, blame the people who voted for him.
100% facts. Idk why people still believe in politics in 2025. Only politician ive noticed so far thats trying to do everything they campaigned on is Trump. No matter good or bad, he’s doing everything he said he would do.
Which is why I am mystified by the people who voted for Trump but didn’t think he would do he said he would do. He made it very clear he was going to take a wrecking ball to everything, consequences be damned.
I’m just waiting on his he will spin not touching social services with a budget framework that has no choice but to touch them.
As for Trump doing everything he campaigned on; he promised everything to everybody, and so far he seems to be doing it, often multiple times in one week.
The result is a an amazing turn around in a booming Biden economy to one heading for a Trump recession.
Are we winning bigly!?!
Nothing was done to slow down assessment increases that will quickly negate a $300.00 tax credit .
Absolutely correct!
This is like shuffling deck chairs on the Titanic. The reduction is tax revenue is going to have to be replaced since there is no plan to reduce spending.
Move to Florida. No state income tax and much better weather too! Republican state as well.
Floridian’s will be moving this way before long. I can send winter coat recommendations.
The average property tax rate in Florida is 0.82%. Indiana’s average is 0.77%. Florida taxes billions of tourist dollars to make up for the lack of income tax. That would be impossible to replicate here in Indiana.
The Wall Street Journal just ran an article about some people who moved from Carmel to Florida and found out they didn’t save anything because of higher home prices and the sky high insurance rates there.
https://www.wsj.com/personal-finance/taxes/retirement-low-tax-rate-states-move-cabdb31b
I see class warfare is alive and well from all of the comments, but we all do seem to agree to the total ineptitude of the Indiana General Assembly. What a joke.