OpenSky statement on Revenue Committee tax reports
The following is a statement from OpenSky Policy Institute Executive Director Renee Fry regarding the tax reports issued today by the Legislature’s Revenue committee:
“We were glad the reports focused on agricultural land valuation as our research shows that Nebraskans in highly agricultural counties pay more in combined property and income taxes than those in more urban areas.
“We also feel the reports made an important point – that it is vital that the state thoroughly examine any proposed tax changes to see who would be affected and how. Some other states didn’t do thorough examinations before they made changes and now face significant revenue shortfalls and other negative consequences.”