Opinion

STRAIGHT TALK FROM STEVE

Each week I have been writing about the Nebraska Taxpayer’s Bill of Rights. The Nebraska Taxpayer’s Bill of Rights will be included in legislation I will introduce in January for the consumption tax. So far, I have discussed the failures of the income tax, the property tax, and the inheritance tax. This week I will explain why the consumption tax works better than any other form of taxation.

Casino gambling, regulation and distribution of funds on ballot

Three ballot issues from the initiative petition process cover casino gambling at licensed Nebraska horserace tracks, the regulation and taxation of that activity and the distribution of the proceeds. They are: Initiative Measure 429, a proposed constitutional measure allowing casino gambling at licensed horse race tracks; Initiative 430, a proposed law setting up a regulatory framework for the casinos; and Initiative Measure 431, a proposed law to tax the casinos and direct most of the tax revenues to property tax credits.

Made in Nebraska

Last week, I proclaimed October as Manufacturing Month in Nebraska to recognize the great work of our state’s innovators, builders, and creators. While most people recognize agriculture as Nebraska’s top industry, it’s also important to recognize that manufacturing is our second-largest economic sector.

STRAIGHT TALK FROM STEVE

As you may know, each week I have been writing about what I am calling the Taxpayer’s Bill of Rights. Last week I discussed what is wrong with taxing incomes. This week I will expose what is wrong with taxing property. Property taxes come in two forms, personal property taxes and real estate taxes. In Nebraska personal property taxes are imposed on all business equipment, whereas real estate taxes are imposed on commercial, residential, and agricultural real estate.

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