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Glad to see the fiscal conservatives aren’t reopening the budget in the middle of the cycle…
I mean, surely they’re not doing this just so they can brag about cutting taxes as part of their re-election campaigns…
If they cut taxes as proposed would it be factual for any of the legislators/senators who vote for the cuts to include that in their re-election campaigns….
You’d complain if they didn’t hang you with a new rope, Joe.
Go ahead and refute what I say, Bob.
If we work hard and stay the course, we’ll be Mississippi before you know it.
MS has a 5% state income tax rate… not sure what you are referring to. I’d rather see us go towards Texas, FL, TN with 0… or we could raise it like IL… they are doing fiscal and social wonders over there…
Most, not all, educators at all levels will express panic about this. As will “non-producer” recipients of tax dollars. And media in the bag for large government. And of course leftist politicians. Hopefully, Indiana leadership can strike a balance between providing what contributes to growth, as well as human and physical infrastructure to sustain the excellent cost and quality of living Indiana residents enjoy, and empowering the business and private sector by keeping government as small and effective as possible. Indiana has some of the finest higher education institutions as any state … IU, Purdue, Ball State, ISU, and the University of Southern Indiana, as well as many excellent, private institutions such as Notre Dame, Butler, Manchester, and many others, not to mention Ivy Tech. We have one of the highest levels, if not the highest level of manufacturing employment per capita as any other state, and agribusiness flourishes in Indiana. The state of Indiana certainly has a lot going for it! Let’s keep it that way by encouraging sensible policies that foster and attract business and commerce, while supporting education at all levels … which is certainly more than “throwing more money at it”. Government is a business. “Public” business. We never get a fundamental metric all other businesses live and die by, namely Return On Investment (ROI). Tax payers would be much more supportive of public expenditures if metrics for ROI could be established and reported regularly.
The future of manufacturing is automation, and IU/Purdue/BSU responded to the funding cuts back in 2007/2008 by admitting less in-state students and more out-of-state students.
The idea that investing in the future is “leftist” is nonsense. What will draw businesses and residents to Indiana is great places with great schools and great infrastructure. The census numbers show it, the residents of Indiana are fleeing rural Indiana for the cities and suburbs.
Tax cuts are an admission that rural Indiana has been abandoned by Indiana Republicans, that rural Indiana should just be bulldozed or turned into wind or solar farms for the rest of us.
Well said, Mark H!
Indiana taxes a business to death, then they levy state income taxes, county income taxes, municipality taxes, and lately taxed additional amounts for the school systems on the property taxes. I should mention that the school systems are already getting more money than ever before yet Indiana ranks among the lowest performing students in the entire USA with 60+% failing in both English and Math. Pathetic.
Love to have a take break so I can hire more people in our growing business…
The article is missing the bit about the proposed HB1083 which would extend the sales tax to services provided as well. We’ll cut your taxes a little here, a little there, but you are going to pay a lot in the other thing we don’t want you to see. Hair cut, taxed. Cleaning service, taxed. Auto repair, lawn care, lawyer or accountant fees, taxed, taxed, TAXED. Bet they make up the billion cut in this alone.