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Thursday, February 28, 2013
Taxes, Oh Taxes
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View the story "The Intricacies of Nebraska Tax Reform" on Storify
]
The Intricacies of Nebraska Tax Reform
It began with the Governor, now it's in full swing and everyone is ducking for cover.
Storified by
Jay William Grote
· Thu, Feb 28 2013 13:28:51
Governor Heineman's 2013 State of the State Address | netnebraska.org
And there it was. Nebraska Governor Dave Heineman said that this was the year to being looking at new ways to change taxes, maybe even eliminate the income tax. His rational was to enhance business opportunities in the state.
Income tax elimination bills introduced : PoliticsOmaha Sens. Beau McCoy and Brad Ashford introduced bills Tuesday aimed at a tax reform discussion that McCoy said the state has tackled o...
Two bills were introduced. The main parts goals of both were to kill the income tax by removing exemptions and raising sales taxes. A hearing was called to see what those with significant stake in the state's economy had to say.
Not many people liked the bill. Companies from all over the state said they need the exemptions and being charged with too much sales tax may make them leave. Other Nebraskan's said the sales tax only option would take more money away from consumers too.
OPINION: Tax reformGov. Dave Heineman's plan to kill Nebraska's income tax and replace the revenue by eliminating expensive sales tax breaks appears to be g...
And eventually the bill(s) were killed, by the asking of the Governor himself.
Governor’s bid to end Nebraska income tax runs into opposition. I will update story as testimony continues: http://shar.es/YbnTjDeena Winter
But, that's not all of the story.
Omaha Senator Ernie Chambers is still on his march to be a pain in this change process, though admittedly he is careful to ensure that the people he represents have a fair voice and that due process is followed to ensure that tax reform is taken with appropriate weight.
Chambers: Repeal sales tax option or I'll fight tax reform studyBy Deena Winter | Nebraska Watchdog LINCOLN - Nebraska Sen. Ernie Chambers warned Nebraska lawmakers Wednesday that if they don't like hi...
And yet, there is still much more to be done in terms of tax reform. This topic itself should, at the end of it, define this and possibly the next few legislative sessions.
Revenue draws up amendments to Tax Modernization billBy Deena Winter | Nebraska Watchdog LINCOLN - The Legislature's Revenue Committee has drawn up amendments to the bill setting up a Tax Mo...
Next up on the docket for debate...Medicare solutions! Stay tuned.
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