Monday, December 3, 2007

Property Tax increase not just the fault of local governments!

It seems to me that the Governor has made it his mission to blame all of Indiana's property tax problems on Local Government. Not So!

In an online article from Umbaugh and Associates it is stated, "The results of our report, titled Indiana's 2007 Property Tax Crisis, show that there is no one culprit for tax bill increases in 2007. Instead, many issues already present in our tax system combined in 2007 to create substantial increases in the average residential tax bill. Due to these multiple causes, any successful solution to the 2007 Property Tax Crisis must address all components of the tax bill, including tax levy, base, and credits."

The link to the entire article is here:

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