Anyone who claims that Nebraska’s high tax revenues are anomalous doesn’t pay attention.
Years of gradual tax reform and consistent state spending discipline have driven historically high tax revenues. This was true before the pandemic and it is still true today. Nebraska’s revenue projections for next fiscal year are now over $6 billion, but the state budget he’s hovering under $5 billion.
Our economy is growing. But with more work on labor and tax issues, the potential for growth is even greater.
This year, Nebraska leaders can tackle the high tax burden that hampers Nebraska family productivity, business investment, employee talent, and quality of life in our communities.
Gov. Jim Piren’s tax plan will finally make Nebraska a low-tax state by getting serious about a top income tax rate of 3.99%, an exemption from Social Security and military retirement income, and finally a high property tax. It will be put on the map. Passing these bills should be a top priority for lawmakers.
why? Because our state’s economic future for our children and grandchildren depends on our ability to remain competitive in talent, jobs and economic growth.
We still have a long way to go before maximizing our growth potential. But think about how far we could get if we gave those extra taxes back to Nebraskans. After all, it is their hard-earned money, and our consistently high incomes show that they have been overtaxed for quite some time.
In recent years, we have seen remarkable economic development. We have seen the treasury grow. Let’s keep the momentum going. Let’s do all we can to reduce taxes for Nebraska citizens and truly accelerate progress in our state.
Completing the necessary investments in income and property tax relief, along with investments in education, will revitalize the economy, keep Nebraska’s sector globally competitive, and provide new opportunities for families. It will make a big difference in how you do it.
The future of Nebraska’s economy, communities and families depends on it.
Lily Harper writes that “menstrual products should be completely free and available to anyone who is menstruating, without exception.”
“Bullying at any level is dangerous and undermines both individual autonomy and security and basic social order,” writes Rebecca S. Farlander, PhD.
On February 21, 2023, I attended a community meeting hosted by the Omaha Public Power District (OPPD) at Florence City Hall. I recently moved to F.
Dr. Richard French wrote, “So, is gender fluid and transgender fluid too, or is it uniquely fixed? Neither is true.” I’m here.
After decades of quietly serving as one of Omaha’s hidden gems, the Blackstone neighborhood has resurfaced as one of the city’s most dynamic areas.
Bishops Scott Barker and Scott Johnson said, “The bills in the Nebraska legislature and across the country make it clear that the justice and peace of the LGBTQIA+ community and those who care for them are now under attack. ‘ writes.
Erin Grace writes, “The threat landscape in the United States is indeed bleak, with enemies inspired by violent extremist groups at home and abroad seeking to commit violence and harm innocent people.”
Jason Ball is president of the Lincoln Chamber of Commerce. Tim Burke is interim president and CEO of the Greater Omaha Chamber of Commerce. Brian Sloan is president of the Nebraska Chamber of Commerce.
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Midlands Voices: Unlocking the Economy
Anyone who claims that Nebraska’s high tax revenues are anomalous doesn’t pay attention.
Years of gradual tax reform and consistent state spending discipline have driven historically high tax revenues. This was true before the pandemic and it is still true today. Nebraska’s revenue projections for next fiscal year are now over $6 billion, but the state budget he’s hovering under $5 billion.
Our economy is growing. But with more work on labor and tax issues, the potential for growth is even greater.
This year, Nebraska leaders can tackle the high tax burden that hampers Nebraska family productivity, business investment, employee talent, and quality of life in our communities.
Gov. Jim Piren’s tax plan will finally make Nebraska a low-tax state by getting serious about a top income tax rate of 3.99%, an exemption from Social Security and military retirement income, and finally a high property tax. It will be put on the map. Passing these bills should be a top priority for lawmakers.
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why? Because our state’s economic future for our children and grandchildren depends on our ability to remain competitive in talent, jobs and economic growth.
We still have a long way to go before maximizing our growth potential. But think about how far we could get if we gave those extra taxes back to Nebraskans. After all, it is their hard-earned money, and our consistently high incomes show that they have been overtaxed for quite some time.
In recent years, we have seen remarkable economic development. We have seen the treasury grow. Let’s keep the momentum going. Let’s do all we can to reduce taxes for Nebraska citizens and truly accelerate progress in our state.
Completing the necessary investments in income and property tax relief, along with investments in education, will revitalize the economy, keep Nebraska’s sector globally competitive, and provide new opportunities for families. It will make a big difference in how you do it.
The future of Nebraska’s economy, communities and families depends on it.
Lily Harper writes that “menstrual products should be completely free and available to anyone who is menstruating, without exception.”
“Bullying at any level is dangerous and undermines both individual autonomy and security and basic social order,” writes Rebecca S. Farlander, PhD.
On February 21, 2023, I attended a community meeting hosted by the Omaha Public Power District (OPPD) at Florence City Hall. I recently moved to F.
Dr. Richard French wrote, “So, is gender fluid and transgender fluid too, or is it uniquely fixed? Neither is true.” I’m here.
After decades of quietly serving as one of Omaha’s hidden gems, the Blackstone neighborhood has resurfaced as one of the city’s most dynamic areas.
Bishops Scott Barker and Scott Johnson said, “The bills in the Nebraska legislature and across the country make it clear that the justice and peace of the LGBTQIA+ community and those who care for them are now under attack. ‘ writes.
Erin Grace writes, “The threat landscape in the United States is indeed bleak, with enemies inspired by violent extremist groups at home and abroad seeking to commit violence and harm innocent people.”
Jason Ball is president of the Lincoln Chamber of Commerce. Tim Burke is interim president and CEO of the Greater Omaha Chamber of Commerce. Brian Sloan is president of the Nebraska Chamber of Commerce.
Catch the latest from Opinion
Opinion articles, letters and editorials delivered straight to your inbox each week.