Grand Island Independent on October 18: ConAgra departure unlikely to spur big Nebraska tax changes
LINCOLN, Neb. (AP) — ConAgra Foods’ decision to move its headquarters from Omaha to Chicago while cutting 1,000 jobs in Nebraska isn’t likely to spur major changes in the state’s tax policies, legislative leaders say.
The company’s decision to move its headquarters after nearly a century dealt a blow to the state, prompting new calls for tax reform during the 2016 session to help Nebraska compete with other states.
But key lawmakers said they plan to continue their focus on property taxes, noting that the company’s move was less about taxes and incentives than the need to consolidate its operations to remain competitive.