These 3 Conservative Policies Have Allowed Indiana’s Economy to Flourish

Daily Signal ^ | 07/06/2016 | Sen. Dan Coats

[BenLurkin]

1. Reduce Bureaucratic Red Tape

Republican leaders made it easier to do business in Indiana. They reduced bureaucratic red tape and eliminated many unnecessary regulations. Rather than burdening employers and trying to micromanage how businesses operate, Republicans put in place policies that have allowed our state to grow.

2. Balance the Budget

The state put its fiscal house in order. Statehouse leaders cut government spending, balanced the budget, created a surplus, and built a near record reserve fund.

Indiana earned a triple-A credit rating in 2010 and has maintained it ever since. These strategies help put the state in a better position to weather a future financial downturn.

3. Largest Tax Cut in Indiana History

Finally, and most recently, Indiana enacted the largest tax cut in state history. Lawmakers cut taxes for corporations, small business owners, and individuals. They eliminated personal property taxes for half of filers and simplified the tax code.

These sound policies played an important role in encouraging private sector growth. Earlier this year, Chief Executive magazine named Indiana one of the top five states in the nation for business. Executives cited the state’s low costs, low taxes and limited regulations for making it easier to grow their businesses.

[Diana in Wisconsin]

Anathema to Socialists...so, of course it works, LOL!

[kingu]

Unless you’re a vaping shop, where they effectively killed tens of millions in business and drove business to other states.

[BitWielder1]

It's so easy it takes a Liberal to not understand it.

[GodAndCountryFirst]

Imagine if Fedzilla balanced its budget instead of borrowing at an accelerating pace every year. OZero sets a new deficit record every year.

Ozera has SLASHED our military, so all that extra cash from the annual tax hikes and record-setting borrowing isn’t going toward making us safe. It’s being used to buy free cell phones, free housing, free food and “walking around money” to loyal Democrat voters of a certain kind.

If you add it all up, the average “poor” household does better than most households that have somebody working!

[Pinkbell]

I don’t like that. I prefer the Detroit model. That’s how you get an area to flourish.

[farming pharmer]

Unless you’re a vaping shop, where they effectively killed tens of millions in business and drove business to other states.

We have tons of 'vice' businesses popping up in SE Michigan: vape shops, hookah bars, cigarette shops, hydroponic supply houses.

IMHO indices of cultural rot. Real business & manufacturing are fleeing to other states.

[Vigilanteman]

. . . the average “poor” household does better than most households that have somebody working!

Sort of like the average EBT Card payer in the grocery store line buys stuff us working folks can't afford.

[spiderpig]

I’m waiting for Trump to reveal he is putting some business-savvy managers in cabinet positions and directing them to have their respective gubmint organization operate at, let’s say, the 2015 budget amount for the fiscal year 2017.

That will shake the Fedzilla gravy train! I hope this isn’t a dead-end pipe dream.