Nebraska Governor Pete Ricketts says he’s not a fan of legislative proposals that would shift the tax burden as part of a plan to reduce property taxes.
Several proposed bills this session would increase so-called sin taxes and use other revenue-generating methods, such as eliminating some sales and use tax exemptions, to provide a break for property owners.
Ricketts tells KNEB News it’s really not tax relief to raise taxes on one group to pay for someone else’s tax break. “You can’t raise taxes to lower taxes and think it’s tax relief, that just doesn’t make any sense,” says Ricketts. “So, what we have to do is continue to focus on controlling spending, and that’s what our Constitutional Amendment would do that I’ve introduced with Sen. Linehan, which is encourage that control of spending at the local level.”
The Governor says if local spending can be controlled, the money in his budget for the property tax relief fund would help provide an additional boost for landowners.