Submitted by Micah Beckwith for Lt. Governor
Republican candidate for Indiana Lt. Governor Micah Beckwith is urging state officials to provide tax relief due to the state’s surplus revenue.
Beckwith
“As a good fiscal conservative, I am pleased the state is paying down the debt,” Beckwith said. “However, there needs to be more tax relief for Hoosiers. Families and seniors are paying higher and higher prices at the pump and grocery stores. Property taxes have skyrocketed, stretching the family budget to the max. More needs to be done to help hard working Hoosiers.”
State Comptroller Tera Klutz recently announced that the state will close the books on fiscal year 2023 with a $2.9 billion surplus. At the beginning of the year there was $6 billion in reserves. $2.5 billion went to the pension stabilization fund and $3 billion was spent on one-time expenditures. Out of all the billions of dollars, the legislature provided $100 million to help Hoosiers with rising property taxes, which increased on average 18 percent last year.
“Hoosiers are being hit with a 9 percent inflation rate and property tax increases of 18 percent. These facts cannot be ignored,” said Beckwith. “By lowering our tax burden, we will not only be helping families, but we will also be making our state more economically competitive.”
The Money Geek rates Indiana as a B in tax friendliness. Indiana has a higher sales tax rate than Massachusetts.
“Our goal for Indiana should be to get into the top 10 friendly tax states,” Beckwith said. “As the next Lt. Governor, I am committed to helping the taxpayers of this great state.”
About Micah Beckwith
Micah Beckwith is a proud father, devoted husband, pastor, and small business owner. He and his wife, Susan, and their two children have been serving Hamilton County and surrounding areas for over 15 years. He is a graduate of Huntington University with a degree in business and economics.
Currently, Beckwith teaches a high-school constitutional literacy class for a Christian school in Carmel. He also co-hosts the popular podcast Jesus, Sex and Politics with Pastor Nathan Petemel. He is an inspirational speaker and has served as the keynote speaker for several not-for-profit and community groups and over the past year has toured the state as an advocate for healthcare freedom.
Beckwith currently serves in leadership positions for several organizations, including: Noblesville Campus Pastor for Life Church, Executive Director of Indiana Family Action PAC, Co-Founder of Indiana Coalition Conservatives, Indiana Chairman of U.S. Term Limits, and Executive Director of Hoosier Leadership Series.
Learn more at MicahBeckwith.com.