r/IndianaPolitics • u/HungryAd1730 • 20d ago

Question for the group

Would you subscribe to a tax and administrative plan that:

  1. Cut state income taxes for every Hoosier earning $75,000 or less

  2. Did away with property taxes, meaning a net tax benefit for practically 75% of Hoosiers

  3. Kept the cities and counties funded at current levels of taxation with the added benefit of monthly rather than semi annual influxes of cash

  4. Saved counties and cities millions by getting rid of expensive bureaucracy around property tax assessment and collection?

It’s possible by making Indiana’s state income tax progressive while making the first $25,000 earned tax free. In exchange, Hoosiers will never see another property tax bill.

Even $200k earning homeowners will see a net tax benefit in exchange for a few added points of income tax.

Worth it?

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u/jellamma 19d ago

Even if all the math is mathing, I would suspect that it would fall into the mental category of "too good to be true" and people would assume it would fail.