[r59] Rep. Smith Announces The Taxpayer Protection Plan: (11/17/2009)

Tuesday, November 17, 2009

Start Date: 11/17/2009 All Day
End Date: 11/17/2009

STATEHOUSE- Rep. Milo Smith (R-Columbus), along with his House Republican colleagues, today unveiled a 2010 legislative agenda with a focus on three key areas:

  1.      Protecting taxpayers' pocketbooks

2.      Growing and protecting jobs

3.      Enacting meaningful government reform

The 2010 legislative session is set to begin Jan. 5.

"In order to make certain that the property tax reductions realized through the caps are permanent my Republican colleagues and I are going to work to make sure Hoosiers have the opportunity to vote in November 2010 on adding the property tax caps to the state constitution," Rep. Smith said.

The Taxpayer Protection Plan: Growing Jobs, Helping Hoosiers calls for permanent property tax caps along with growing and protecting Hoosier jobs.  Rep. Smith hopes that the plan will serve as the foundation for providing fiscal protection to every Hoosier taxpayer. 

"The state must continue to live within its means, just like Hoosier families, so we are not using taxpayers as an unlimited resource," Rep Smith said.

The plan also includes the following initiatives to protect and grow jobs:

# Support the delay of the unemployment insurance tax increase.  Rep. Smith and his fellow House Republicans voted against the bill from last session because it would punish employers with one of the largest tax increases in state history during an unprecedented economic downturn.

# Support a review of all available job incentives so that Indiana can pool the current incentive funding to allow the Indiana Economic Development Corporation to use the incentives to increase Hoosier employment.

# Allow new businesses to phase in their income tax within three years of starting a new business. This incentive will put Indiana ahead of many states around the country.

The final portion of the Taxpayer Protection Plan will ensure the legislative process is open and transparent to Hoosier taxpayers. The plan provides increased lobbyist registration and disclosure standards and legislator financial disclosure regulations, creates an independent redistricting commission and encourages efficiencies for local governments.