The Hendricks County Flyer
Tue Oct 16, 2012, 04:41 PM EDT
To the Editor:
"Brownsburg RDC votes to expand TIF district" another 2,143 acres. In a TIF district, schools, libraries, police, fire, parks, etc. do not receive the tax revenue. The developers, contractors, engineers and their corporate welfare lawyers pocket the money.
These expanded acres around the Ronald Reagan truck route paid with Obama stimulus tax money and Congress earmarks that have increased the U.S. debt to $16 trillion and the diversion of gasoline tax money away from infrastructure repair resulting in the wheel tax will include hotels, restaurants, shopping facilities like gas stations, and tax abated warehouses full of imports and some illegal aliens being paid poverty wages that will not be paying federal income taxes (Romney's 47 percent who he says are dependent on American taxpayers) and very little other taxes; but, will be eligible for the EITC that will subsidize corporate America labor costs and free K-12 education, library services, parks, and police and fire protection paid by you.
"Indiana among lowest debt per capita in nation" and "state pension funds get boost." So why are there state tax refunds to those with a taxable income of more than the $1,000 personal exemption? The federal deduction is approximately $9,800.
Hey Republicans: Do a Ronald Reagan and increase the personal exemption/standard deduction per taxpayer and index it to inflation to absorb the $100/taxpayer forecasted tax rebate; or, pay down the state debt, especially the $2 billion owed to federal taxpayers for unemployment and Medicaid and fund the pensions 100 percent that you have already promised/contracted.
"Republicans set their agenda" says Indiana ended the 2012 fiscal year with a $2 billion surplus due to cuts to education, public safety, and social services while as stated above using the U.S. $16 trillion debt to replace some of the cuts.
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Hendricks County Flyer, Avon, IN
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