• Return to taxpayers all budget and reserve fund surpluses beyond reasonably necessary levels in the form of permanent individual rate reductions and, eventually, individual income tax elimination
• Modernize our tax code to reflect the Indiana economy of the 21st century
• Limit the growth and cost of Indiana government to necessary levels
• Realize new revenues from the dynamic economic impact of the above steps
• Limit expenditures to a 2% inflation adjusted growth rate
• Trigger reductions and elimination based on realizing key base-line revenue levels or other appropriate benchmarks, which triggers could reflect
• Once triggered, phasing in reductions and elimination for revenue predictability
