Thursday, January 17, 2008

Indiana's 3-step tax plan scam to raise taxes

1 - Raise property taxes in 2007
2 - Promise to lower property taxes by increasing sales tax in 2008.
3 - Lower property taxes to their pre-2007 rate.*

Net result: Property taxes remain the same but we feel good about increased sales tax.

*In reality, property taxes will be lowered, but not as low as pre-2007 rates.

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