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The Indiana General Assembly will soon begin debating Gov. Mitch Daniels' plan to reduce property taxes.
We like some parts of the plan, including raising the state's sales tax one percentage point to help lower property taxes. We editorialized in favor of that move Sept. 17.
We also like that his plan includes a cap on property taxes, limiting them to 1 percent of the assessed value for homes, 2 percent for rental property and 3 percent for business property.
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