Brought to you by WBIW News and Network Indiana
Last updated on Wednesday, October 3, 2007
(INDIANAPOLIS) - Governor Daniels says he’ll put forward his own plan for slashing property taxes by the end of the month, and says it will include a proposed constitutional amendment.
Daniels says any property tax solution must be, in his words, "firm, far-reaching and final." He says the only way to ensure tax bills don't creep up again is to write it into the constitution.
"Three times before -- '72, '82 and '02 -- state government has tried to ride to the rescue and subsidize local spending and school spending," Daniels says. "In each case, years later -- in this case, it only took five years -- state taxes were higher and so were local property taxes."
Last week, the Indiana Farm Bureau and the Indiana Association of Realtors proposed having the state pick up the entire cost of funding schools. Daniels says that's in line with what he's argued in the past, but he says the administration is still working out the specifics of his own proposal.
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