Republican candidate for Indiana Governor Mike Braun says he is committed to seeing his plan to cut property taxes come to fruition.

In a Thursday appearance on WIBC’s “Kendall and Casey” Show, Braun said that is one of the many things he plans on fixing once becomes Indiana’s next governor in November. He’s confident he can beat Democrat Jennifer McCormick and Libertarian Donald Rainwater.

“In my opinion, in order to do more than the average, you have got to take a little risk, don’t be the farm, make sure your ideas are good, and then sell the hell out of it,” said Braun.

According to an analysis by the Association of Indiana Counties and Policy Analytics, the gross assessed value of homes jumped 16.5% on average between 2022 and 2023 and property tax bills increased by 18.2% on average. Under Braun’s plan, homeowners with an assessed value of over $125,000 would be allowed to deduct 60% of their home’s assessed value from their tax bill, while those below that threshold would take the standard deduction of $48,000 in addition to a 60% supplemental deduction. The plan would return tax bills to 2021 levels.

“I think we can all agree that homeownership ought to be doable and reachable for everyone. If you have tax policies that are not doing that, then it needs to be changed. I think that’s why it’s going to get broad support,” said Braun.

Braun says he’ll be campaigning for this every week going forward until the election.

Ball State University Economist Michael Hicks told the Indiana Capital Chronicle that Braun’s proposal would be a hit to local units of government – including school corporations – which rely on property taxes to fund local services like law enforcement, road maintenance and school operations.

Overall, Braun has said these reforms will result in an immediate 21% tax cut for Hoosiers.

“Nothing is more important than ensuring Hoosiers can afford to live in their homes without being overburdened by rising property taxes. “My plan focuses on capping property tax increases, updating deductions, increasing transparency, and reforming the referendum process,” said Braun back in early July to Kendall and Casey.