This presentation discusses how homeowners, businesses, and municipalities would benefit from a repeal of Indiana's proprty tax and presents a plan for accomplishing repeal.

1. Repeal Indiana Property Taxes Citizens movement to effect fair taxation as required by the Indiana Constitution

5. We have a crisis not because Hoosiers don’t pay enough in taxes, but because government spends too much!

10. Because of property taxes your home, your family, your future and your retirement are at risk.

11. The American dream of owning a home has been taken from all Hoosier families.

14. The only solution to permanently protect homeowners, senior citizens, farmers and businesses is to permanently repeal property taxes with a Constitutional Amendment

19. Enough money could be raised to replace funding from property taxes by controlling state and local government spending and by increasing the sales tax 2% and the income tax 1%

20. The Governor’s plan includes a Constitutional Amendment to cap property taxes, whereas this plan has a Constitutional Amendment to repeal property taxes. The Governor has the wrong Constitutional Amendment !

22. Opponents of efforts to Repeal Property Taxes are using scare tactics to try to stop this effort. Opponents are saying that in order to Repeal Property Taxes the state would either have to raise the sales tax to 13% or raise the income tax to 9%. These opponents are intentionally trying to mislead the public.

23. Dr. Craig L. Johnson > at Indiana University since 1992 Associate Professor of Public and Environmental Affairs at SPEA-Bloomington > received his Master of Public Administration and Ph.D. degrees from The University at Albany, State University of New York > His primary research interest focuses on improving how government finances are managed

25. Repeated Attempts to Control Property Taxes Have Failed Indiana has a 70-plus year history of attempts to lower property taxes by raising other taxes. In every case these have failed miserably. The new taxes, or higher rates on old taxes, remain in place. And, in short order, property taxes rise back to their old levels, elevating tax burdens even higher than before.

26. There may be better plans. It's really a policy question for the General Assembly: do you want to make the trade of something like this in exchange for zero-property-taxes-forever-on-all-property ? Everyone understands "zero."

27. Are there practical problems ? Of course. How to make the civil government transition from a property tax base to an income tax base ? Without elaborating, transition can be handled using locator software (Mapquest-type programs). How to handle debt backed by property taxes ? The debt problem might be handled by treating the current state paid PTRC's as in lieu of property taxes (which they are) and paying PT-backed debt service from each unit's own PTRC.

28. Positive change in Indiana's economy that would follow elimination of property tax: # 1 Heavy real estate investment and increased consumer spending due to increased statewide disposable income. The real estate investment in Indiana alone would cause such an economic boom that it could likely end our foreclosure and abandoned property crisis.

29. Positive change in Indiana's economy that would follow elimination of property tax: #2 A surge in Indiana's population as more people locate to Indiana to take advantage of real estate purchase opportunities without the burden of property tax. The population surge would drive more sales and income taxes.

30. Our citizen networks will work to replace all legislators who do not support property tax repeal in the November 2010 election.