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Business Tax Incentives Debated in Nebraska Legislature

Business Tax Incentives Debated in Nebraska Legislature

Photo: WNAX


Several Nebraska legislators questioned the value of business tax incentives during floor debate on a bill hoping to help lawmakers better evaluate them.
Senator Kate Bolz of Lincoln criticizes the top tax incentive, Nebraska Advantage, claiming it subsidizes jobs which cannot support a family. . .

Bolz points out Nebraska Advantage is expected to grow to nearly 1-point-5(B)Billion dollars by 2021.
Senator Curt Friesen of Henderson says lawmakers need to scrutinize tax giveaways and should get rid of some.

The Unicameral has given first-round approval to a bill aimed at helping lawmakers better evaluate tax incentive programs.