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At least it will only be returned to people who PAY taxes!
Yes, since some people don’t pay Sales Tax, Gas Tax, Rent, or Utilities… what a weird take.
ignorance
I don’t understand why the Feds can get child care credits to families monthly but Indiana tax payers need to wait until 2022?!
there are a multitude of reasons, including the basis upon which the refund will be calculated, the criteria for refund qualification, the IT and software requirements to compute the refund amounts. Further, Indiana has other state constitutional considerations with respect to these sorts of payments that the federal government does not have to abide by.
Time to get rid of the personal property tax on businesses. Ridiculous!
The article is not clear whether the refund is $111 to each taxpayer? to each citizen? or somehow pro-rated to taxpayers based on how much they paid toward this surplus?
If to each citizen, Biden and the Democrats will adopt this nationally as a great way to re-distribute wealth.
Biden and the Democrats would have to generate a surplus first……..
It’s STATE tax. Biden and Democrats have nothing at all to do with this. None whatsoever.
“An exact amount of how much taxpayers will get likely won’t be determined until this fall” but it will probably be slightly higher than before, per taxpayer, since the surplus is higher.
Fred, in the 2012 refund, each individual tax payer got a credit of $111 on their state tax returns the next year. Couples filing jointly received a credit of $222. The amount for this year’s refund has not been determined.
Indiana should double down on *qualify of life “. We have the right tax structure, cost of living, and employers flocking here. We need more people. Better parks, roads, policing, schools, and entertainment, will get people moving here in droves.
The effect on the State budget will be extremely positive, by generating strong income and payroll taxes
I agree with your point, but we need slightly higher taxes to pay for better roads, better policing, schools (both k-12 and higher education).
Indiana has a surplus because the Statehouse prefers to watch our state crumble instead of spending the money. That’s all.
^^^This. I’d rather have them give bigger raises to teachers, or fill more potholes, or increase environmental enforcement so no one else has to drink contaminated water (as in Franklin).
What ridiculous remarks to this effect.
It’s not, Bob. Our roads are garbage. Our schools are underfunded. We refuse to invest in success and think low taxes are the only way forward.
https://www.thestarpress.com/story/opinion/columnists/2021/07/11/michael-hicks-what-quality-place/7917975002/
yeah Joe we should strive to be more like Illinois and chicago – they must have the lowest taxes in the country right?
Wrong. government spending is not the answer to these problems. it is the way the money is spent. it is unbelievable to me that some people think the government can fix anything
@Joe— Hicks is a liberal academic who is quoted often by Gannett because he fits their agenda. Hicks was recently in a Gannett article against cutting off the additional unemployment benefits. Apparently there are no help wanted signs at Ball State. He has zero credibility.
Dustin – yes, because things worked so well in Kansas when they cut taxes to spur growth a few years ago. How’d that work for them?
People want to live in places with good schools with good infrastructure. There’s a reason that Indiana is emptying into the Indianapolis area.
Why do the best and brightest from Indiana leave and go elsewhere, and what can we do to keep them here to drive Indiana’s economy for the next 50 years? That’s the problem we should be solving for, not whether we can cut taxes to bring in another distribution center where the workers will be automated out of jobs as soon as the tax incentives go away.
Hicks is a liberal? I guess by the definition that anyone who thinks Trump is fallible is liberal … he’s a liberal. But there are a lot of conservatives who didn’t become liberal, they got abandoned by Trumpublicans because they aren’t sufficiently deferential to Dear Leader, he of the … laughable economic record.
Too bad we couldn’t fix our roads with that money. Would really love to stop having to continuously replace tires and wheels from from hitting potholes on my commute.
You could pay more in taxes, or you can pay via the slow destruction to your vehicle and your time and the inconvenience of repairs. Either way, you pay.
From Joe B: People want to live in places with good schools with good infrastructure. There’s a reason that Indiana is emptying into the Indianapolis area.
Indiana is emptying INTO the Indianapolis area? Well, not Indianapolis per se…maybe the doughnut counties. The “best and brightest” leave because they THINK nirvana is outside Indiana. When they come back quietly, they don’t say much.
But thank goodness, Joe, that if you consider this place to be so horrible, move to a more wonderful place…you know, at least Illinois, if not California or New York.
Bob, the doughnut counties are the Indianapolis area. Good grief.
Carmel and Avon and Center Grove would not be growing by leaps and bounds if they weren’t close to a big city like Indianapolis with things to do and amenities that local government has taken the lead on, like trails and remade downtowns and good schools.
Here’s a map of population projections for the next 30 years. Behold the vast swaths of Indiana that are emptying out. That’s what we need to be solving for. Got any ideas besides letting it return to forest?
https://www.stats.indiana.edu/maptools/maps/thematic/projections/2018/county/pc-all_2015-50.png
Why does each taxpayer get the same refund amount? Should taxpayers who pay the most tax get a higher amount than ones who pay very little or none? What about corporate taxpayers? Regardless, it is not prudent for legislative leaders to be talking about reducing taxes next year. The future effects of the virus are unknown due to the new variants appearing now and the fact that many Hoosiers refuse to get their vaccinations. We don’t know whether there will be another pandemic requiring strong administrative actions by the governor and health officials. Yet, this legislature tries to tie their hands by reducing their powers. How wise is that?
Came to the comments to watch the Democrats complain about this. They never disappoint
So true, Chuck; so true…there is never good news in or about Indiana according to them, is there?