Indiana Gov. Mitch Daniels wants permanent property tax caps

Indiana Governor Mitch Daniels wants to make property tax relief permanent.

He wants this year's property tax caps to become permanent with a constitutional amendment, and he announced Tuesday that he wants automatic tax credits to be sent out if the state collects too much.

He says that when the state has a balanced budget and enough money in a rainy-day fund, everyone should get credited the difference.

Daniels wants them to be equally spread out, no matter how much tax you paid.

"The point is very simple," he begins. "The state would collect only what it needs to provide essential services and protect itself against the downturn and to have an adequate reserve. Above that, the money stays with the taxpayer."

To get the property tax caps into the state constitution, the general assembly would have to pass it again. Then it would go to voters to make the final decision.

His democratic challenger for governor, Jill Long Thompson, says she's glad Daniels has joined her repeated calls for tax relief.

But while those property tax caps are great for homeowners, local cities are having to work with less money.

South Bend, for example, is facing more than 20 million in budget cuts.

On Wednesday, the city council will hear how police and fire budgets, as well as their pensions and the 911 center, will deal with less money.


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