South Bend's mayor discusses tax phase-out with Governor Pence - Fox 28: South Bend, Elkhart IN News, Weather, Sports

South Bend's mayor discusses tax phase-out with Governor Pence

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South Bend's mayor took a trip to the state capital Tuesday.  Pete Buttigieg and other mayors across Indiana joined Governor Mike Pence to talk about the Business Personal Property Tax Reform.

They discussed the debate over phasing out a tax on business machinery, a tax that brings in millions of dollars in tax revenue for local towns and cities.

For the first time, Governor Pence said he was "open to" the idea of giving state money back to towns and cities. That way they don't lose millions if lawmakers do start to phase out that tax.
It would come in the form of a full revenue replacement.

 

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