All three candidates running for Indiana governor told 13News addressing property taxes will be a top priority in their administration. "I'd say that's the number one issue. That's what I've heard the most about," said Sen. Mike Braun, who is running on the Republican ticket. Braun has proposed overhauling the property tax deduction, which he says would result in an immediate 21% reduction in average homeowner tax bills. The Braun campaign has proposed capping future increases in tax bills at 2% for seniors, low-income Hoosiers and families with children. Others would see a 3% cap. "Day one, we (would) go in, it's ready to go, the language is written, fiscal impact is written and figured," Democratic challenger Jennifer McCormick said. Her plan would include capping increases at 10%. She's proposing a 150% increase in exemptions on personal income, a 40% increase in the Homeowner Property Tax Deduction, and expanded deductions for senior citizens, disabled veterans and renters. "I think the first thing that we need to do is we need to recognize that property taxes, as they're collected in Indiana today, are arbitrary," Libertarian candidate Donald Rainwater said. "We have these assessments where we've got 92 assessors, one in each county. And I could take 92 assessors to your property, and you would get 92 different assessments. It's arbitrary. It's based on someone's opinion, and then you're taxed on that." MORE: https://www.wthr.com/article/news/politics/elections/decision-2024/governor-candidates-property-tax-reform-top-priority-mike-braun-jennifer-mccormick-donald-rainwater/531-6be6c9d8-3e10-436c-ba08-0f92d8af7fff