The General Assembly is meeting today to consider a vote on whether to sustain or override Governor Pence’s veto of House Bill 1546.
House Bill 1546 sets a bad precedent by retroactively approving taxes that should not have been charged in the first place. Taxpayers in Jackson and Pulaski counties were asked to pay an increased local income tax for a short period of time to meet the particular needs of their counties. The problem is that once these tax increases expired, the taxes continue to be charged.
The General Assembly is seeking to remedy this issue by retroactively approving the tax increase for the period of time it was incorrectly charged. Unfortunately, the bill also extends the period of time that these tax increases were originally designed to be enforced. This yet again proves that tax increases are very difficult to end once they go into effect (even if they are sold as a temporary increase).
Your Indiana Chapter of Americans for Prosperity opposed the retroactive tax language as far back as January and included similar legislation in our bills to watch.
This is an opportunity for many of our state lawmakers to correct their position and take a stand for lower taxes.