10/24/07 02:15 PM
Governor Mitch Daniels' property tax plan, introduced
last night on the six o'clock news all over the
state, is a revolutionary proposal that will affect
everyone who pays taxes and everyone who spends
taxes.
Our message to you: let your voice be heard.
For example, if you are in a county where you need to
prepare for a predictable growth in services, this
plan could hamstring your ability to put new
institutions in place. Spending would be limited to
the average growth in personal income over the
previous six years. No loopholes. No exclusions.
If you own rental property, the property tax cap the
governor proposed is twice as high as the residential
rate. And if you own commercial or industrial
property, it's three times as high.
If you're a school corporation, you'll suddenly have
to learn how to manage referendum campaigns.
There's much more. We at Executive Media say that if
you don't find your voice, you'll get lost in the
clamor.
We can help. Give us a call.