Rushville Republican

News

January 23, 2013

Gov. Pence's State of the State address

(Continued)

RUSHVILLE — Big Tim Wysong is an American hero, and Big Tim is with us tonight.

Our budget makes a clear commitment to Hoosiers who have served their

nation in

uniform by investing more money in job training and certifying Veteran

Service Officers.

I have also set a goal to procure 3 percent of state contracts from

veteran-owned

businesses. They stepped forward for us, now it's our turn.

And, finally, our budget puts taxpayers first.

Government should only collect what it needs. When government collects

more than

 it needs, it should return that money to the hardworking taxpayers who

earned it

in the first place. That's why I'm proposing we lower income taxes by 10

percent,

across the board, for every Hoosier over the next two years

Hoosiers work hard. They labor in a fragile economy. They save and invest

in their

families and businesses and family farms. Why wouldn't we want them to

keep more

 of what they earn?

Now, I know there are some who say we have to choose between letting the

people

of Indiana keep more of their hard-earned dollars and meeting the state's

priorities.

As our budget clearly shows, we can do both.

The budget I submitted last week is honestly balanced, funds our

priorities, reduces

by 10 percent the tax bill Hoosiers currently pay, and still maintains

reserves

well in excess of the resources we would need to meet emergency and

unforeseen contingencies.

So let's be honest with our fellow Hoosiers: We can afford to do this.

But why cut taxes now?

First, at a time when federal taxes have just gone up on all working

Hoosiers, most

small businesses and family farms and our medical device industry, now

more than

 ever, Hoosiers could use some tax relief.

Second, this reduction in taxes will unleash half a billion dollars into

the private,

voluntary economy every year. Letting Hoosiers keep more dollars to

spend, invest

or save will be good for Indiana families and businesses.

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