Wed February 27, 2013
Pence Promises to Promote Tax Cut "Relentlessly"
Indiana Gov. Mike Pence says he’s going to take lawmakers at their word that they’ll revisit his proposal for a ten-percent income tax cut later in the General Assembly session.
A state budget passed this week by the House does not include the tax cut, with the GOP-controlled chamber opting instead to boost spending on education and transportation.
But the first-term Republican governor says he’s been assured that a tax cut has not been taken off the table.
"That so long the April revenue forecast is as it was in the December revenue forecast, that an income tax cut is very much under consideration and will get a fair hearing," he said.
The tax cut was part of Pence’s campaign platform and he says lawmakers shouldn’t pass up the opportunity to put money back in Hoosiers’ pockets.
"I also think it’s the right thing to do for our economy and we’re going to continue to promote that cheerfully, respectfully and relentlessly," Pence said.
Pence today also signed the first bill from the General Assembly to reach his desk. It allows a one-year delay on new calculations for farmland property taxes.