Tuesday, June 26, 2007

This Just In...

Indianapolis Mayor Bart Peterson will make a major policy speech on the future of crime fighting in Indianapolis and the future financial stability of the city at 12:30 p.m. Wednesday (27 June) at Boner Community Center, 2236 East 10th Street, Indianapolis.

This Indianapolis Observer can't wait to hear what Bart has to say, but here's a hint: your taxes will go up. The Indianapolis Star says: "To reach the $85 million in spending Peterson said is necessary for public safety, the income tax rate in Marion County would have to jump from 1 percent to about 1.65 percent."

So, in addition to the big jump in property taxes in Marion County, we can all look forward to a big jump in income taxes. Yikes!

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