Looking Back 25 Years
Oct 23, 20256mEp. 301
Purdue ag economist of Larry DeBoer has been writing Capital Comments once a month for 25 years. Last month marked the 300th column. Let’s do one more, number 301. And let’s look back.
Hosted by Purdue Agriculture · 🇺🇸 US · EN · 150 episodes
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Timely topics on public policy issues related to state and local government in Indiana published once a month.
Purdue Agriculture hosts Capital Comments, a government show with 150 episodes published.
Purdue ag economist of Larry DeBoer has been writing Capital Comments once a month for 25 years. Last month marked the 300th column. Let’s do one more, number 301. And let’s look back.
The Indiana General Assembly passed a bill to reform property taxes back in April. If the legislature makes no changes — a big if — we know what’s going to happen each year until 2031. Purdue ag economist, Larry DeBoer,
The Indiana Constitution of 1851 had a very broad idea of what should be taxed by the property tax. Basically: tax everything. When the policy proved impractical, exemptions were added. It was the beginning of a trend. P
It’s been hard to follow the many impositions, cancellations, negotiations and pauses in tariff policy. Purdue ag economist, Larry DeBoer, explains what tariffs are and how they might affect businesses and the consumer.
Indiana uses an assessment standard for property taxes called “market value in use.” The assessment is the value of the property decided by the county assessor for tax purposes. It’s a prediction of what the house could
Sometimes taxes cost more to collect than the revenue they generate. Back in 2015, the Indiana General Assembly recognized one example. Purdue ag economist, Larry DeBoer, explains the personal property tax exception and
The governor signed Senate Bill 1 into law on April 15, 2025. The property tax impact of this bill has been talked about a lot. But the bill also makes big changes in the second most important local tax — the local incom
Each spring the county treasurer reminds us just how complicated the Indiana Property Tax is, by mailing form TS-1, “Taxpayer and Property Information.” It’s a one-page summary of how they get from the assessed value of
The Indiana General Assembly is debating property tax reform. Senate Bill 1 is a focus of the debate. The original bill introduced in January included the new Governor’s campaign promises for property tax relief. Get ins
Property taxes on farmland went up a lot in 2023 and 2024. They’ll be going up a lot in 2025 too. The reason is the rise in the base rate of farmland. The reason that’s been rising is the pandemic. Economist, Larry Deboe
The holiday season is here, and with it a chance to read or watch Charles Dickens’ A Christmas Carol . Listen to learn the strange connection between Ebenezer Scrooge, "surplus population" and British economist Rev. Thom
Suppose we want to cut property taxes for homeowners. How could we do that? Purdue ag economist, Larry DeBoer, explains.
Last week the Federal Reserve changed its interest rate policy. What did the Fed do, and why? Purdue ag economist, Larry DeBoer, explains.
How do we know if a recession has started? Sometimes it’s obvious. In March 2020 during the pandemic emergency, weekly applications for unemployment insurance jumped from 200,000 to 6 million. There was no doubt we were
Closeout day in the Indiana State House is near and dear to the number crunchers among us. That’s the day the State Comptroller and the State Budget Agency tell us about revenues, expenditures and balances for the just-e
Ag economist, Larry DeBoer, breaks down the ups and down of Indiana's property tax policy.
Purdue agricultural economist, Larry DeBoer, posits what could happen to Social Security in this episode of Capital Comments.
It was printed in bold letters on the front of the envelope. “Open Immediately. Property Tax Notice Enclosed.” It was the annual property tax bill on my house! I remembered last year: a jump in my tax bill of 31 percent.
Let’s think about the economy in the simplest possible way. People use tools to make goods and services, which other people buy. Gross domestic product is our measure of the value of goods and services. It grew 2.5 perce
Last year Indiana homeowners were hit with property tax bill increases averaging 17 percent, an extraordinary increase. Will it happen again in 2024? Let’s compare 2023 to what we know about 2024 so far, and take a guess
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