tag:blogger.com,1999:blog-102991104925557412.post-3153114276136989432007-08-28T17:25:00.000-07:002007-08-28T17:36:23.398-07:00Indiana's Spending SpreeThe Tribune had an <a href="http://www.southbendtribune.com/apps/pbcs.dll/article?AID=/20070828/News01/70828073/1129/News">article </a>today about increasing sales or income tax to replace property taxes. According to the Legislative Services Agency, to bring in the same amount of revenue without property taxes, sales tax would need to more than double – from 6 to 13 percent.<br /><br />The other option would be to increase individual income taxes from 3.4 to 9 percent. <br /><br />As the Tribune pointed out neither of these options would be very popular. Taxes never are. <br /><br />Whether these numbers are accurate or not, I don't know. The fact of that matter is however, that Hoosiers will pay out the same amount no matter what form of tax, or combination of taxes it may be. I still advocate totally eliminating property taxes, but I am an even bigger advocate of cutting spending and increasing government efficiency. <br /><br />Perhaps the reported percentage increases to replace property taxes will wake people up the ridiculous spending spree our government is on. <br /><br />It's got to stop.Tim Wescohttp://www.blogger.com/profile/03710982803295196024noreply@blogger.com