Governor Pence delivers his first State of the State address tonight. The governor has indicated he will make a pitch for the budget he outlined last week, including a 10 percent tax cut.
But he is not offering any clues beyond that, saying only that he will present a case for continuing to be bold and optimistic.
“We‘re talking about getting about $500 million back into the Hoosier economy for Hoosiers to save, invest and spend,” Pence says. “We‘re talking about the kind of tax relief that would affect more than 90-percent of business enterprises in our state.”
Republican legislative leaders have voiced misgivings about both the tax cut and Pence‘s spending priorities. Pence boasts of having found creative ways to put money into schools and highways.
House Speaker Brian Bosma has said the state‘s schools deserve a bigger increase than Pence‘s proposed one-percent jump, and that the state should be willing to dip into reserves to provide more road funding.
So far, much of the sparring has centered on the tax side of the equation, with Pence arguing the half-billion-dollar tax cut would put money in nearly every Hoosier‘s pocket to spend or invest.
And he contends the tax cut would send a message to businesses that Indiana remains a welcoming environment for them.