taxes

Politics & Elections
7:35 pm
Tue January 24, 2012

Douglas County Board opposed to legislation ending inheritance tax

Douglas County Commissioners say taxpayers could be forced to pay more if the state of Nebraska does away with its inheritance tax.

During his State of the State address, Governor Dave Heineman told lawmakers he wants the inheritance tax to end. The inheritance tax is based upon the fair market value of a property at the time of a person’s death. The amount of tax paid varies depending on the relationship between the deceased and the person who inherits the property.

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