[r20] Despite SJR 1 Support, Dermody Vows to Fight Income-Based Caps (2/28/2008)

Thursday, February 28, 2008

Start Date: 2/28/2008 All Day
End Date: 2/28/2008
Please include this statement from Rep. Tom Dermody (R-La Porte) in your news coverage of Thursday's House action on Senate Joint Resolution 1:

"It is unbelievable to me that at this time, when Hoosiers are crying out for property tax reform, the House has turned its back on true and permanent property tax caps. By moving forward on SJR 1 with an income tax-based cap, as opposed to a cap based on assessed value, we have left the well-lighted path of property tax reform and veered off into uncharted territory.

"There is utterly no fiscal data available whatsoever on the income-based property tax amendment to SJR 1. Legislators have been forced to make a decision entirely in the dark. No one has been able to tell me how this will affect our local units of government, the services they provide or our communities.

"Unfortunately, I was forced to vote this measure forward, as it is the only remaining opportunity to implement concrete property tax caps. Hoosiers across the state deserve the chance to vote on this important property tax amendment. I want to make it absolutely clear that I will spend every waking moment left in this legislative session striving to remove this ill-conceived and ludicrous income tax-based cap."