Shelbyville News
Editorial
February 26, 2005
Supporting the Colts
We are really impressed with the latest plan making the rounds in the
Statehouse to pay for a new stadium for the Colts. There is much to like.
At the top of that list is the players' participation, even if it is probably unwilling. The amendments to HB 1846 call for, among other things, a two percent excise tax on players' salaries. Hey, they can afford it.
The bill also calls for a $10 increase in ticket prices - hey, if you want to keep the Colts in town, pony up. We certainly like the hike in luxury boxes, and anyone who's a big enough fan to want a vanity plate on their vehicle deserves to get nailed with bigger bills.
Best of all, the other taxes and tax hikes being proposed - raising the Marion County innkeepers' and auto rental taxes - put the onus where it belongs - on Marion County. Taxing commuters from Shelby County and/or imposing a regional tax that would affect Shelby County were, in our estimation, half-baked ideas that seem to have gone to their well-deserved fate.
Still, this is far from a plan that makes us happy. What would make us happy is passage of the bill Rep. Luke Messer was pushing early in the session - get all the money you need, and more, from new slot machines at Indiana Downs and Hoosier Park.
It bears repeating: We care not a whit for slot-machine gambling, and,
frankly, we're a great deal more parsimonious with taxpayers' dollars than
most when it comes to passing them out to private business. But we do want
to save the equine industry in Indiana.
You don't know what you've got 'til it's gone. We don't want to find out how
much we had and how much more it might have been.
Content © 2005 The Shelbyville News
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