Nebraska Joins the Tax-Cutting Wave

June 9, 2023 by Dan Mitchell @ International Liberty

Other than doing very well in rankings of state pension debt (see here, here, and here), I’ve never had any reason to notice public policy in Nebraska.

 

That changes today because the Cornhusker State has – like about two dozen other states – lowered income tax rates.

The widespread shift to better state tax policy is a very positive development, second only to the really great news about school choice.

Let’s take a closer look about the good news from Nebraska.

The Wall Street Journal editorialized about the state’s new tax changes, including some special attention for the improvements in business taxation.

 

The gulf between high- and low-tax states keeps growing, and Nebraska is the latest to use budget surpluses to cut income and property taxes—and in a big way. …An income-tax cut will bring the top rate down to 3.99% from 6.64% by 2027, and a separate cut will slash the corporate tax to the same 3.99% rate from 7.25% today. …A two-year term limit for legislators has helped produce crops of increasingly market-friendly lawmakers. Interstate competition has also kept the tax pressure on. …neighboring Missouri cut its top rate on income to 4.95%, and Iowa followed up its recent flat-tax plan with additional cuts to property taxes. …More than half of all states have reduced their income-tax rates since 2021… Fewer states have cut corporate rates. In slashing its tax on businesses, Nebraska will leapfrog its neighbors to boast the lowest rate in the region after zero-tax South Dakota and Wyoming.

Kudos to Nebraska. They’ve moving from Column 4 to Column 3 in my state tax ranking.

The next step hopefully will be a flat tax.

P.S. Some state tax cuts are hardly worthy celebrating.

P.P.S. Massachusetts and Washington are among the few states moving in the wrong direction.

Nebraska AG's devastating critique of the suppression of effective COVID therapies

October 17, 2021 By Jarrad Winter

Legal opinions usually aren't terribly fun to read, but if you've been an ivermectin and/or hydroxychloroquine advocate for use against Wuhan Plague, this one definitely will bring you much joy.

It's a rather lengthy and full spectrum opinion issued by Doug Peterson, Nebraska's Attorney General, in response to a query from the state's Department of Health and Human Services as to whether physicians can be persecuted and tormented for prescribing ivermectin or hydroxychloroquine to patients sick with the China Flu. What the AG's response amounts to is a full and complete takedown of the conspiracy to suppress cheap and effective early Covid-19 treatments..........To Read More....

To lend understanding to the comment below it's necessary to explain there are members of Our Group who own horses. RK

Our Group's Take - . I really wish that I had both hydroxychloroquine and Ivermectin on hand just in case. In fact, if I thought that I was coming down with covid-19 seriously look at what the human dose is for Ivermectin versus the horse dose to see whether it was reasonably safe to carefully divided up a horse wormer to use on myself at an appropriate dose. Frankly I think it's rather criminal that it is likely very difficult to get a doctor to agree to prescribe these medications. Apparently at least in many places, doctors are looking at hardcore sanctions and possible loss of license if they do prescribe them, however. It's beyond absurd, and this sort of asinine BS has resulted in huge loss of life that was almost certainly totally unnecessary.