Most other states have taken bold action. However, Nebraska continues to sit by, catering to special interests, to protect their narrow exemption from taxation, and maintain the outdated 1967 Nebraska Tax framework. ⚡ EPIC Consumption Tax Reform, LR264CA, is a bold and innovative plan to make Nebraska competitive again. It will use an 8.97% Consumption tax on retail products and services to ELIMINATE (not reduce) 5 current Nebraska state taxes: Property tax, Income tax for individuals, Income tax for corporations, Sales tax & Inheritance tax.
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