Ricketts slams committee’s property tax relief plan

Ricketts slams committee’s property tax relief plan

Nebraska Governor Pete Ricketts has slammed a property tax relief plan put forth by the legislature’s Revenue Committee, saying it would result in “the largest tax increase in Nebraska history”.

The committee proposes to increase the state sales tax rate by three-quarters of a cent in order to help fund 500 million dollars in additional property tax relief. Chairwoman Lou Ann Linehan says the plan would not raise taxes on Nebraskans—that it would actually cut taxes—but the governor disagrees.

Continue reading Ricketts slams committee’s property tax relief plan at Brownfield Ag News.