taxes

Government
10:57 am
Wed February 6, 2013

Groups prepare for debate on tax plan

LINCOLN, Neb. (AP) — A veterans' group has endorsed Gov. Dave Heineman's plan to eliminate Nebraska's corporate and individual income taxes, but opposition is mounting from business groups.

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Government
8:30 am
Wed February 6, 2013

Hearings begin on income and corporate tax plans

Hearings begin Wednesday on two bills that could eliminate Nebraska’s individual and corporate income taxes.

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Government
2:11 pm
Fri January 18, 2013

Gov. Heineman outlines plans for individual, corporate income tax cuts

Exemptions on medical equipment, prescription drugs, and manufacturing machinery are among those Governor Dave Heineman wants removed from the state’s tax code.

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Government
12:50 pm
Thu January 17, 2013

Friday announcement set for details on Gov. Heineman's tax plan

Governor Dave Heineman is expected to release more details Friday morning about his income tax plan.

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Government
2:00 pm
Thu January 3, 2013

Spending cuts, other items before Congress again in two months

While much of the impact of the fiscal cliff was avoided with legislation passed by Congress, there will still be economic effects.

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Government
5:31 am
Mon December 3, 2012

Douglas County officials: eliminating inheritance tax would cut services, raise taxes

A new report from Nebraska’s Open Sky Policy Institute says counties would have to raise property taxes an average of seven percent if the inheritance tax ends.

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Government
5:09 pm
Thu November 29, 2012

Sen. Johanns: fiscal cliff tax increases would hurt Nebraska families

U.S. Senator Mike Johanns, R-NE

U.S. Senator Mike Johanns says a combination of tax increases and spending cuts set to happen in January would hurt Nebraska families’ bottom lines.

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Government
1:00 am
Tue July 24, 2012

Omaha City Council to vote on TIF district in Old Mill area

The Omaha City Council is scheduled to vote Tuesday on a tax increment financing district in the area surrounding TD Ameritrade’s new headquarters.

The headquarters is in Omaha’s Old Mill area, south of 114th and Dodge Streets. TD Ameritrade officials say the TIF is needed for five-million dollars worth of infrastructure improvements. City Councilmen previously declared the area blighted.

Douglas County Commissioners oppose the TIF district, saying the revenue will only benefit the city of Omaha.

The City Council meets at 2pm.

Business
1:31 pm
Thu July 12, 2012

Report calls for reform of Nebraska's tax system

An economic analysis group says Nebraska lawmakers need to explore changes to the state’s tax policy.

The Open Sky Policy Institute released a report Thursday morning on Nebraska’s budget and tax policy. Executive Director Renee Fry says state government needs to look at reforming the tax code, as well as expanding what goods and services are taxed. 

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Omaha
12:57 pm
Mon April 23, 2012

Omaha Mayor says sales tax increase won't be on the November ballot

A half-cent increase in Omaha’s sales tax could generate $45 million for the city.

Nebraska lawmakers last week overrode Governor Dave Heineman’s veto of legislation allowing cities to raise their sales tax rate. Doing so would require supermajority approval from both the city council and voters.

Omaha’s current sales tax rate is 7 percent, with 1.5 percent of it local. Mayor Jim Suttle says there are no plans to put the sales tax initiative on the November general election ballot.

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