That'll fix it...almost
The sub-headline reads: Expert: Daniels' plan many come closer than most to fixing problem.
Me: Oh, it won't fix the problem?
Expert: No, but it comes close!
The article took the time to compare Indiana's tax mess to the plight of 5 other states. Unfortunately, it didn't look at Pennsylvania or Texas for some different ideas.
Roughly 2 dozen jurisdictions in Pennsylvania use what is called a " Land value tax." It doesn't include things like capital improvement in accessing land value. It looks at the land only. This is more equitable than our system, but wasn't mentioned.
Texans are looking at the idea of eliminating their property taxes. But don't let that get out, Hoosiers might get some bright ideas.
Plain and Simple: Coming close to fixing the problem is not good enough. If our elected officials don't get serious, Hoosiers might only come close to paying their property taxes.
Me: Oh, it won't fix the problem?
Expert: No, but it comes close!
The article took the time to compare Indiana's tax mess to the plight of 5 other states. Unfortunately, it didn't look at Pennsylvania or Texas for some different ideas.
Roughly 2 dozen jurisdictions in Pennsylvania use what is called a " Land value tax." It doesn't include things like capital improvement in accessing land value. It looks at the land only. This is more equitable than our system, but wasn't mentioned.
Texans are looking at the idea of eliminating their property taxes. But don't let that get out, Hoosiers might get some bright ideas.
Plain and Simple: Coming close to fixing the problem is not good enough. If our elected officials don't get serious, Hoosiers might only come close to paying their property taxes.
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