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Is Indiana "Thriving" due to Daniels ending collective bargaining, or not?
It's in much better financial shape than Illinois, who has collective bargaining. This is just one piece of the puzzle, but an important one that Indiana got right and Illinois will never learn.
Are people and businesses moving from Illinois to Indiana? You betcha.
It's in much better financial shape than Illinois, who has collective bargaining. This is just one piece of the puzzle, but an important one that Indiana got right and Illinois will never learn.
Are people and businesses moving from Illinois to Indiana? You betcha.
How about this piece of the puzzle?
Indiana Governor Proposes Tax Hike on $100,000-Plus Earners
Budget & Tax News > March 2005
Quote:
Barely one week into his first term as Indiana's governor, Mitch Daniels--the state's first Republican governor in 16 years and former budget director for President George W. Bush--proposed a temporary income tax hike on persons who earn more than $100,000.
The proposal came in response to what Daniels referred to as a "structural" budget deficit of about $645 million. Daniels said his plan would balance the state's budget in one year.
Just showing you he has created a surplus for the last few years.
By raising taxes on the wealthy.
However,
Quote:
State revenue has fallen sharply. Through February, revenue collections have been $895 million less than expected, and Indiana is on pace to end the budget cycle in June 2011 with a $142 million deficit. That's even after 20 percent reductions in state agency funding, a $450 million cut to education and plans to spend all $1.3 billion the state had in reserve.
Greedy corporations plunged us into recession because of not enough government regulation. How the government ended up as the enemy, I'll never quite understand.
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