My great state of Indiana voted overwhelmingly to cap property taxes at 1% for all time

[DefenseLawyer]

A state constitutional amendment. Of course we are closing schools and libraries, laying off firemen and charging kids to ride the school bus, but hey, those two things don't have anything to do with each other! Sure I guess we need all that crap (maybe) but why should any of us have to pay for it? Bravo Hoosiers!

[Warpy]

1. That will just shift the burden to the other local tax generator

sales taxes. Of course, an already shaky economy will go farther into the toilet, o bla di, just as long as the McMansion people get to skate.

[Myrina]

6. Sales taxes are maxed in Central IN to pay for Lucas Field for the Colts ...

.... we're already at 10% (13% possibly for hotel/lodging?) & shoppers are starting to go elsewhere. Let the Tea Partiers get ahold of any local legislator who wants to raise them higher ...

[nadinbrzezinski]

2. Libertarian heavens will have to pay the piper sooner or later

we have that problem here in Cali... and locally if the sales tax increase don't go up... 9.11 response will be a joke.

[geckosfeet]

3. When will they learn - tax the people that have some $$$.

How long do you think it will be before people are begging to pay more taxes to have roads to drive on?

[Myrina]

4. Yeah, i noticed how it was worded on the ballot ...

... should have been a big "WHAT THIS MEANS FOR YOU" section after all the blah-blah about capping and percentages etc etc ... then people might have thought twice about what they were voting for. Or, in this state, maybe not anyway.


:freak: Sometimes it hurts to live here.

[MadMaddie]

5. Wait until the roads fill with potholes

the bridges start falling down. Oh and when short handed police departments can't respond to serious calls that are downgraded to minor....

Well, we know how it goes...

The Republicans claim they want smaller government and less taxes but they don't admit they like their free handouts.

[tishaLA]

12. they'll be begging for (more) stimulus dollars

[BlueJazz]

7. ....and in ten years, when all the drop-outs and uneducated teenagers start...

...committing crimes, the voters will be screaming "Where's our Police protection"

[ChairmanAgnostic]

10. Trade services for a live chicken. Or medical care. Or skuuling

[LostInAnomie]

8. I swear our state gets dumber and dumber every year.

Especially, since we got that asshole Mitch as a governor.

[lostinhere]

9. Not quite, but close

I didn't know this question was going to be on the ballot, so I took ten minutes to read andre-read it. The first part of the amendment to the constitution caps the property taxes at 1%, 2% or 3% depending on the type of property. The second part states that these tax rates can be raised if approved by a ballot initiative. So taxes can be raised, but only by popular vote.

Too bad they didn't limit borrowing as well. So limited income + no restriction on outgo = bankruptcy.

:banghead:

[MadMaddie]

13. Someone correct me if I am wrong but CA has an issue with

a similar law.

[MzNov]

17. Prop 13

all over again in IN. Don't they EVER LEARN ?????

ferchrisssakes

Prop 13 is the single most destructive things that ever happened in CA. DUMB ASSES

[hollowdweller]

15. That's not as bad actually.

In my state there was a county who was going to have their school consolidated because the number of students had dwindled and there was a newer school they could go to.

The residents of the community got active and got a bill passed to raise taxes and build a new school.

[DefenseLawyer]

16. 1% residential, 2% farmland, 3% commercial n/t

[hollowdweller]

11. That's sort of scarey.

Won't the state eventually go into default?

So what businesses exactly will want to locate there with poor schools, no infrastructure upgrades and no police??

The thing is with all the federal taxes cut and the GOP in control money to states will be unavailable so I think it will be nice way to see what the long term effect of low taxes.

[AngryOldDem]

14. That is about the worst idea I have ever heard. Ever.

This state is so fucking backward.

And I'm sick of people using constitutional amendments to sneak in shit like this.

[SweetieD]

18. so glad I got out of that state! It is backwards.