Saturday, August 25, 2007

Daniels extends local income-tax deadline again

In this morning's C-J, Lesley Stedman Weidenbener reports on Governor Daniels' decision to extend the deadline from October 1 to the end of the year (after initially extending it from August 1).

At the minimum, this is a nice move politically. Beyond that, and moving away from cynicism, it implies that Daniels thinks this is a key potential reform for local government-- their ability to choose how tax revenues would be raised. Local governments could choose higher local income taxes to offset higher property taxes. They've complained that they don't have enough time to make these decisions; the extended deadline undermines that rationalization.


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