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December 7, 2013

Q&A: Wabash Valley legislators reply to questions on business tax proposal

(Continued)

TERRE HAUTE —  2) If not eliminate, do you support a reduction in this tax? Also, why?

Rep. Alan Morrisson, R-Terre Haute, District 42

Currently, no legislation has been drafted that would either eliminate or reduce business personal property tax, so it is hard to speculate on which choice would be better for Hoosiers.

Rep. Clyde Kersey, D-Terre Haute, District 43

 I am opposed to the elimination of business personal property tax, but I might support a reduction in personal property taxes for small businesses. Small businesses create over 90 percent of all new jobs in Indiana and a reduction in the personal property tax for small businesses might create jobs.

Rep. Jim Baird, R-Greencastle, District 44

This issue requires a fiscal analysis and review by the Indiana General Assembly, and without such vetting, forming final opinions at this stage circumvents the process. It would seem prudent to me to continue the evaluation of such a proposal including an analysis of its impact on all Hoosiers.

Rep. Kreg Battles, D-Vincennes, District 45

 I will listen to a reduction. This is a $1 billion statewide impact. If reducing the tax, as opposed to eliminating, is an easier way to come up with funds to replace that revenue lost, that is something I would certainly look at, and quite honestly, tends to make it more economically feasible.

Rep. Bob Heaton, R-Terre Haute, District 46

Whether it is reduction or elimination, I will support the option that provides the largest benefit to Hoosiers. However, without the legislation or knowing the impact it will have, it is difficult to know which option is best.

Sen. Tim Skinner, D-Terre Haute, District 38

A reduction would be more acceptable than a total elimination, but I would still not support this proposal without a feasible plan to replace the revenue to local governments and schools.

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