Great News, the End to High Property Taxes Is Almost Here

Originally posted 2009-02-13 06:00:44. Republished by Blog Post Promoter

On February 10, 2009, the Indiana Senate passed an amendment for the permanent cap to property tax bills. The bill passed the Indiana Senate with an overwhelming majority of 34 to 16 vote.  The bill goes to the House for consideration, but House Speaker, Patrick Bauer, suggested that the House representatives wait until next year’s session to vote on the amendment.

With the property taxes being an important issue to the residents and the forefront of the Indiana residents’ mind it may not be wise for the House to postpone their voting on the amendment. 

This amendment will cap the property taxes for homeowners, investors, and business owners, alike.  The homeowners would be able to benefit from only paying one percent of the assessed value of the home.  Whereas, the investors would pay only two percent of the assessed value of the property.  Still yet, the business owner will pay only three percent of the property’s assessed value.

If the amendment is passed by the House, Indiana’s resident can look forward to voting on the amend law in 2010.

Hopefully, the amendment will be approved in the House, as well.  If lower property taxes is important to you contact your congressmen and tell them so.  Your voice does have power.

Will a Trip to Japan and China Bring Jobs to Indiana?

Originally posted 2009-09-01 14:06:59. Republished by Blog Post Promoter

It remains to be seen if a trip planned by 52 Indiana business and community leaders will bring jobs to Indiana.

The governor believes that this trip is important to “gain ground on other states that are raising taxes and making themselves less attractive to business.”

Presently, Japanese companies employ over 42,000 Indiana residents, so this trip is a means to discover if there are other opportunites for growth in Indiana by those companies or others in Indiana.

The trip is promising to be jammed packed with possible business investors such as: Honda, Mitsubishi, Sony, Toyota, and Subaru.

This is a great opportunity for Indiana, but it is also limiting Indiana in growth potential since once again all the possible investors rely on steel and steel products.

Come on, Governor Daniels, open the state up to opportunities outside of steel.