FEIGENBAUM: Expect uncertainty in the 2010 General Assembly
About the only certainty for the upcoming legislative session is that it will be over in March.
About the only certainty for the upcoming legislative session is that it will be over in March.
Some Indiana mayors, desperate for revenue, think it’s time for "payments-in-lieu-of-taxes."
I have always found Morton Marcus’ columns both entertaining and informative. I read the Dec. 7 column, in which
Marcus seems to insinuate that property taxes were acceptable as they were and do not require modifications. As a resident
of Marion County, I could not disagree more.
Bills aimed at adding caps on property tax bills to the state constitution and delaying increases on unemployment insurance
taxes are now before the full Republican-controlled Senate, weeks before the entire Legislature convenes on Jan. 5.
If approved by the full Legislature during the session that gets under way in earnest in January, voters would decide whether
the caps should be constitutional.
The Indiana Senate Tax and Fiscal Policy Committee plans to vote Tuesday on bills to cap property taxes and delay unemployment
insurance tax increases.
A Purdue University farm expert says Indiana’s farmers could see a big increase in property taxes over the next few years
if state lawmakers don’t retool the state’s farmland taxation formulas.
A state Senate committee got a jump-start Tuesday on discussing bills on unemployment taxes and property tax caps and plans
to vote on them next week, about a month before the full Legislature convenes.
By issuing “voluntary environmental improvement bonds,”, local and state governments could
create special taxing districts that finance homeowner purchases of everything from solar panels to rain
gardens.
Nearly every Indiana county has failed to send property tax bills on time this year, forcing many local governments and schools
to borrow millions and providing further proof that Indiana’s tax system is still a work in progress more than a decade after
a court ordered a massive overhaul.
The association representing 470 cities and towns wants lawmakers to pass legislation that would give municipalities the authority
to adopt local option income taxes.
Property owners in Indiana are expected to save more on their tax bills in the next two years than originally predicted
because of caps on property taxes.
Indiana is becoming more business-friendly, according to the latest national ranking from the Tax Foundation, which moved the state
up two places to 12th.
The solution to the property tax fiasco that swept Republican Mayor Greg Ballard into office in 2007 is making his job harder, and
it could lead to his undoing.
To use a gardening metaphor, have the courage to prune back in a tough economy, and plant new seeds before the weather improves.
The process of assessment could be simplified and performed uniformly and inexpensively.
If you are late in making property tax payments, begin to chip away at your bill by making weekly payments.
Retired people living on a fixed income have no way to raise extra money to pay for property taxes.
Soaring property taxes were arguably Indiana’s biggest problem in 2007. In 2008, the Legislature approved property tax caps
as a solution. But because the caps haven’t been implemented, debate is still raging over the consequences the caps will have
for local governments and whether they should be made permanent.
Property-tax caps should help Hoosier homeowners save a bundle next year.