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Statehouse Republicans to schools and local governments after multiple years of defunding them …
“Just trust us, this time will be different”.
Inflation is currently 6.5%. Proposing a 6% increase in spending is a spending cut.
Typical Democrat subterfuge. Any decrease in the growth of taxes is a “decrease” in funding, despite the fact that funding will still go up. If you claimed that in your books for private companies you would go to jail.
Never enough for them to feed the beast and buy teacher’s union votes.
Yeah, those stupid Democrats. As Indiana’s highly regressive tax collections skyrocketed during high inflation, the Republican legislature mandated that the Republican administration had to send money back to the taxpayers rather than admit the stuff the state has to pay for is getting more expensive too.
How is economics 101 “Democratic subterfuge”?
If your investments don’t earn as much as inflation, do you deceive yourself and think retirement will be just fine? Of course not.
Roads need more money too, as Dan points out.
The property tax system is broken. Every year the assessed value of my home goes up and so does my tax bill. This is not money I am earning. I am paying taxes on money I will not see until I sell my home. As taxes keep going up if forces people (especially on fixed incomes) to have to sell because the can’t pay the taxes. That is not exactly fair. I don’t mind paying taxes on earned income. Increased home value is not income!!
Exactly Mark W. How many times do we have to buy our homes?
The Indiana property tax cap has been starving municipalities since it was enacted, but one thing that gets overlooked, is that towns and cities that have flush coffers DON’T have to collect the full amount of tax. Unfortunately, these same towns and cites have slimmed down maintenance and services for years to make the budget fit the capped tax rate.
I can pay for a front end alignment every spring, or slightly higher taxes, my choice.