Follow The Republic:
I think it’s interesting that the political class in the great Hoosier state is all abuzz over the “budget battle” between Gov. Mike Pence and Indiana House Republicans over the fact that the House R’s did not include Pence’s 10 percent income tax in their initial budget.
Of course, it’s news when the governor and House lawmakers disagree, but there are couple things to keep in perspective.
First, anyone who has been paying attention knows that the House leadership has not been crazy about the income tax idea. Second if this is Indiana’s biggest problem, we’re in pretty good shape.
Allow me to map out a few things. I recently took a look at both Pence’s and the House R’s budget plans. Here’s what they look like side-by-side:
Department of Child Services
So let me see if I get this: We’re spending more money on schools and roads. Child services is getting more money. We’re keeping a budget surplus of at least 12 percent, and the big issue is whether we should cut income taxes to stimulate the economy or speed up the phase out of the inheritance tax?
I don’t know if you’ve looked at the budget problems that have been hitting other states lately, but I’ll take Indiana’s budget problems any day.
I’ll take budget surpluses over massive debt any day. I’ll take more dollars for schools and roads over less any day of the week.
And if you can do all that and cut taxes at the exact time?! Once again, what am I missing here? I can assure you that if you drove a couple hours in any direction on I-65, I-69, I-74 or I-70, I will bet you a Davidoff cigar and martini that the elected officials you spoke would gladly trade places with Indiana right now.
I don’t worry about early legislative squabbles, especially over what taxes to cut, because I can assure it beats the alternative discussion that is likely taking place in other states.
Abdul Hakim-Shabazz is an attorney and the editor and publisher of IndyPoltics.Org. He can be reached at email@example.com.
Don't settle for a preview.
Subscribe today to see the full story!
All comments are moderated before posting. Your email address must be verified with Disqus in order for your comment to appear.
View our commenting guidelines and FAQ's here.
All content copyright ©2014 The Republic, a division of Home News Enterprises unless otherwise noted.