21
Jul
2007
July 21, 2007
Ryan.McCann
The Indy Star reports that the Indianapolis City-County Council voted last night to raise the local income tax by 65% in order to "fund Mayor Bart Peterson's $90 million crime-fighting plan."  Homeowners are feeling squeezed.  Instead of holding off on the vote until spending cuts were proposed and included in their calculations, the council jumped first to increasing taxes.  According to The Star, someone who makes $50,000 per year will pay an extra $325 in taxes to the city. More from the article:The Administration...
Comments: (3)
20
Jul
2007
July 20, 2007
kurt.luidhardt
This is a little off our normal subject matter, but it's related to Indiana and economic development here. I subscribe to Fast Company magazine and was recently disappointed to see the founder of Wikipedia on the cover talking about his new search engine. According to Fast Company, Wikipedia was going to establish the first ever human-aided search engine. Their research was apparently lacking. Indiana's own Scott Jones has already implemented a people-powered search engine called Cha Cha. Entrepeneur Magazine has gotten it right this month,...
Comments: (6)
20
Jul
2007
July 20, 2007
Ryan.McCann
While the short-term fix of allowing property taxpayers to pay their 2006 rates brought needed relief, and the commission composed to find ways to eliminate unnecessary layers of government may find ways to save taxpayers money, there is still an elephant in the room when it comes to Indiana's property tax crisis.  Schools spend a majority of the property tax revenue, so it seems that regardless of how one restructures the tax system (which needs to be done) or eliminates unnecessary layers of government (which needs to be done), we must...
Comments: (1)
19
Jul
2007
July 19, 2007
kurt.luidhardt
I didn't know Planned Parenthood brought out the craziness with such fervor. Earlier today, we posted about Elizabeth Edwards promising Planned Parenthood that her husband's health care program would include government-funded abortions for all.  Now we find Barack Obama suggesting to the same Planned Parenthood audience that we should have sex ed for 5-years olds. Not since former Surgeon General Jocelyn Elders advocated teaching masturbation to school-kids has there been such a ridiculous proposal. From ABC News:ABC News' Teddy Davis and...
Comments: (5)