• Cutting Taxes — Despite criticism from local government and school officials, Republican leaders are forging ahead with their crusade to eliminate the personal property tax on business equipment.
Supporters of the plan say Indiana needs to end the tax to compete for business against neighboring states that don’t tax business property,
Republicans are talking about giving each county the option to drop the tax or not. But ending the tax would have a sharply different impact from county to county.
If other taxpayers have to make up the income lost from the business property tax, it would be much more painful in DeKalb and Noble counties than in Steuben and LaGrange counties, for example.
If the tax truly is a statewide problem, it seems more logical to provide a statewide solution, with all Hoosiers sharing the burden equally.
• Stopping Burdensome Regulations — Bosma says “one of our focal points will be removing outdated laws that increase the cost and complexity of both government and business.”
Indiana does not seem like an over-regulated state compared to most of the nation, but we always should be working to keep things simple. We should keep in mind that many regulations arose because someone was abusing the system.
Overall, Republicans have set worthy goals for improving education at both ends of the process — preschool and after high school — and keeping our roads in top condition.
Making these improvements and cutting taxes at the same time sounds like a difficult balancing act, but if the Republicans in Indianapolis can show us how it works, more power to them.
— KPC News
THE ISSUE Agenda set by the Indiana House GOP THEIR VIEW The agenda deserves attention and the party has the pull to get it.