By Ricketts
Tax policy is a big area of focus for senators this legislative session for a good reason: It is key to building a pro-growth climate in our state.
Right now, Nebraska’s tax system is in need of an overhaul. According to the Tax Foundation, Nebraska has the 11th highest property taxes in the United States and the 26th highest income taxes. When you look at it another way on a per capita basis, we do not do any better. Local property tax collections rank 12th highest at $1,757 per capita and state income tax collections rank 16th highest at $1,128 per capita. This makes us uncompetitive with surrounding states.
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