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Wow! Thank you, legislators You are beginning to think about the future rather than votes today. Onward for the benefit of Indiana and its citizens.
What a novel idea… thinking through the impact of legislation before actually passing it! Funny that this so rarely occurs, but maybe this is the start of a positive trend.
Why don’t we just go ahead and add every single taxpayer to this and tax everyone’s assets at 30% every year, even when they depreciate far less than that? This would be cars, boats, homes, etc… When you are a business, this tax applies to EVERYTHING, including things you still have financed. Got anyone thinking yet? It is totally unfair for businesses to foot the bill with this extremely unfair tax.
That’s fine. It’s not a budget year, our finances are only flush because of one-time government handouts, and there’s no replacement revenue proposed.
Spending that Biden money on retiring debt or fixing roads that need repair makes sense. Using that money to cut taxes makes as much sense as cashing out all your retirement savings the month before you retire on a new house. Shiny, new, and you now have no way to pay for it except to keep working.