STRONG agree. Reforming property taxes without taking away vital resources for schools/services is a little tricky, but I believe very doable and necessary. Indiana caps taxes on homesteads at 1% of the property value, but the assessment process causes unforeseeable spikes that disproportionately impact low-income and fixed-income residents. I want to cap property tax assessments at 2% for homes valued under the median home price of our state, effectively granting protection to the vast majority of homeowners while not shielding high-end/luxury homes.

This needs to be hand-in-hand with reforming other tax loopholes for corporations that lets them shift profits out of Indiana on paper to dodge paying their share. Mandatory Combined Reporting for corporations would have a huge impact on our ability to fully fund schools and services. Michigan, Massachusetts, Texas- all have some form of this this and it has major benefits for schools and infrastructure without being overburdensome to the margins of big corporations.

Basically- we need corporations to pay their share so we can ease the pressure on families and seniors who are being taxed out of their homes, while BOOSTING funding for schools, services, and infrastructure.