Media coverage of Republican presidential contenders has lately been dominated by Mitt Romney and Jeb Bush, former governors who have not won elective office in more than a decade. Meanwhile, a current GOP governor has been scoring impressive victories on behalf of limited government and economic growth.
Indiana’s Mike Pence may be the most taxpayer-friendly governor in the country. Elected in 2012, Mr. Pence has already killed the state’s death tax and enacted a plan that will slash the corporate income tax rate to 4.9% from 6.5%. He’s also secured a reduction in business property taxes and a modest cut in Indiana’s personal income tax rate to 3.23% from 3.4%.
And he’s done it while maintaining a state budget surplus, a tradition he intends to continue. In this week’s State of the State address in Indianapolis, Gov. Pence called for a balanced-budget amendment to the Indiana constitution. Balancing government budgets is an issue that has fallen off the media radar since the 2011 fight over the federal debt limit, but remains highly popular among grass-roots conservatives, i.e. Republican primary voters.