February 04, 2008
2:23 PM
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State Representative David Frizzell joined State Senators Waltz and Walker in Greenwood recently to talk property taxes. The event was sponsored by the Greenwood Chamber of Commerce.
Indiana faces a bleak financial future unless a resolution is found on the property tax issue and government curtails spending.
Those were the sentiments of local lawmakers this week during a legislative breakfast hosted by the Greater Greenwood Chamber of Commerce.
"It seems that we never get to getting it right, and obviously I think there is a lot of credence about getting rid of it," Rep. Dave Frizzell, R-Indianapolis, said about property taxes during the gathering Tuesday morning at Valle Vista Golf & Conference Center.
"It's just a question of how to get rid of it. We still have a lot to do," Frizzell added before bolting to a 9 a.m. legislative session on House Bill 1001 -- Gov. Mitch Daniels' tax reform plan.
Daniels' plan -- the property tax rock star thus far -- would cap homeowners' bills at 1 percent of their home's assessed value; cap rental properties at 2 percent and businesses at 3 percent; and increase the state sales tax from 6 percent to 7 percent.
"I would say it's probably going to be a mixture of Daniels' plan and probably some of our ideas," said Frizzell, about what ultimately could pass as reform.
