(KLZA) Nebraska Lt. Governor Rick Sheehy flew into Falls City Wednesday afternoon touting a proposal from Governor Dave Heineman to eliminate the state income tax, for both individuals and corporations.
Sheehy says the proposals will be introduced in the Nebraska Legislature this week or early next week. ( play audio :48 seconds )
Sheehy says the current taxes in Nebraska hurt the states chance to grow. ( play audio :13 seconds )
The Lt. Governor also pointed out some of the area’s where Nebraska lags behind states including bordering states. ( play audio :27 seconds )
During his Falls City visit Wednesday the Lt. Governor noted it has been decades since any major changes to the Nebraska tax system have been looked at. ( play audio :17 seconds )
Sheehy says it is important for future generations the tax system be reformed. ( play audio :41 seconds )
Calling the Governors tax proposals a well-kept secret, Sheehy said it has not taken long for groups to raise concerns about cutting sales tax exemptions. ( play audio :32 seconds )
While acknowledging it could take a long time to get the tax reform proposal passed, he urged everyone on the state to discuss the topic and let your representatives know your thoughts and ideas. ( play audio :28 seconds )
Nebraska’s current income tax brings in about 2.4 billion dollars a year while there are five billion dollars in sales tax exemptions in the state.
© Many Signals Communications
MOST VIEWED STORIES
Fentanyl find nets four in two Atchison cases
Wanted felon arrested in Hiawatha
St. Joseph teacher arrested for student sex crimes
Revised flood predictions along the MO River
Valuation change notices coming soon for Nebraska residents
Four injured in Richardson Co rollover crash
Support sought for fire ravaged family
Ozawkie man facing multiple child sex charges
Lancaster shooting, threats, land man in jail
USD 415 board select new member
Public health advisory issued for local lake
Armed felon found, arrested, in Jackson Co
Sabetha man arrested on drug charges
Case dismissed in charity fraud allegations
State Board approves land transfer agreements
4th candidate files for local KS House seat
KHP pursuit ends in Jackson Co
Potts first to file for Sheriff's seat in Atchison Co
LATEST STORIES
Atchison Co's Laurie seeks another term as Sheriff
Atchison's Amelia fireworks voted 3rd in nation
Senator Ricketts's staff to visit southeast Nebraska
Jeff Co North USD 339 bond issue defeated
Brown Co Commissioner files for re-election
HCC hires new vice president of finance and operations
KHP pursuit ends in Jackson Co
Revised flood predictions along the MO River