Matt Kelty has his plan for property tax reform on his website - Cut it, Cap it, Make it Permanent. There are parts of this plan I agree with and I'm happy that Kelty at least acknowledges what the problem is:
While I am critical of the property tax system in theory and in practice I recognize and fully agree with Gov. Daniels that ultimately this crisis has its roots in out-of-control local government spending and borrowing. As Mayor I pledge to bring that spending under control. While I intend to speak more fully on this subject at a later date, when I am elected mayor my first annual budget will reflect zero growth in City spending.
I certainly look forward to hearing Kelty's plans to control spending, but I do not believe a zero growth budget is the answer as I think we need a permanent legislative solution. To be fair, I think Kelty is on the right track and I strongly agree with the following statement:
we are placing the tax burden disproportionately upon one group, without regard to their actual ability to bear this burden. Our property tax system has become indefensible and it must be changed.
I actually like the rhetoric here but I'm concerned he's not quite on the right track. And since Tom Henry hasn't released anything about property taxes I'm not sure where he's at either. I'm not going to make this a partisan issue because I believe we really need to work together to solve this problem. I've been modeling various solutions and I'm close to releasing my own plan - A Populist Approach to Property Tax Reform. This plan will address the major issues facing our current property tax crises.
I look forward to working with both candidates to get out of this property tax quagmire...