In our last episode, we discussed some of the practical and economic reasons why Nebraska should eliminate more of its sales tax exemptions. Now, let’s talk about crafting a vision for a better tax system and how modernizing the sales tax fits into any plan to make bold changes in our state. Tune into the latest episode of Nebraskanomics to watch Making Cents: Why Nebraska Should Modernize the Sales Tax, Part 2. In this episode, you’ll discover five reasons why modernizing the sales tax is a key for tax reform in Nebraska.
Reforming the sales tax can make Nebraska more economically competitive. (01:24)
Ending exemptions is a far better alternative than raising tax rates. (05:02)
Modernization helps overcome penny pinching in the Unicameral. (07:01)
Nebraska will have multiple tax reform options. (08:47)
Local governments will directly benefit from a modernized sales tax base. (09:59)
Of course, this is not an exhaustive list, and we welcome your questions or comments. But changing the way we pay for government in Nebraska will allow our state to compete with fast-growing states that have more attractive tax policies, while maintaining our commitment to the public services Nebraskans value.
Click to listen to the episode.
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❌ It’s time to stop the status quo.
Let’s remove economic barriers and make Nebraskans proud.