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March 14, 2013

Taking a more prudent path

(Continued)

Pence, to his credit, has vowed to tackle head-on the first of those challenges. His proposal to strengthen vocational education around the state is a smart move. Business recruiters and educators report that in many places in the state employers can’t find enough skilled workers to fill open positions, despite high unemployment.

It’s better training, not lower taxes, that is Indiana’s most pressing economic development need.

The promise of a tax cut is always alluring. And sometimes tax cuts are the right prescription for improving economic vitality. But in this instance, given Indiana’s needs, its previous series of tax cuts and its history of rapidly rising and falling state revenues, the Pence tax plan is not fiscally prudent.

 

— The Indianapolis Star

 

 

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