Column: Taxpayers willing to spend more where they see results



Having spent the past decade forecasting the economy, I am accustomed to being wrong about my predictions. So, I ask readers to forgive my gloating a bit when I correctly foretell the future.

I am talking, of course, about the recent school referenda in Indiana. Let me explain.

Since the passage of property tax caps in 2008, I have prophesied a day in which local governments became more adept at their fiscal management and local taxpayers more supportive of higher taxes. The May 2014 elections suggest that day is coming.

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