The content of these pages is developed and maintained by, and is the sole responsibility of, the individual senator's office and may not reflect the views of the Nebraska Legislature. Questions and comments about the content should be directed to the senator's office at dmurman@leg.ne.gov
February 18, 2022
Cutting taxes. This is a perennial issue that most senators promise to address in the legislature. They campaign on this issue and make promises, usually with good intentions. But then, year after year, little, if anything, is accomplished.
Much time on the floor this week was spent on an income tax cutting bill, LB 939. This bill is sponsored by Senator Lou Ann Linehan, who is chairperson of the Legislature’s Revenue Committee. The intent of LB 939 is to reduce the top individual income tax rate from 6.84% to 5.84% over a three-year period. This will bring parity between the top rate for both individual and corporate income taxes.
Much of the debate centered on the fact that, with the exception of Iowa, most of our neighboring states have a more attractive tax structure than Nebraska (Wyoming and South Dakota have no individual income tax). With a tight labor market, this bill would make Nebraska more competitive.
I sit on the Legislature’s Education Committee which heard the following bills this week:
The issue of property and income taxes steers us back to the importance of elections. Much time was taken this week by senators filibustering LB 939. We need to populate the unicameral with fiscally conservative senators who believe as I and others do, that excess tax money does not belong to the state but to the taxpayers. Many legislative seats that are term-limited or term-expired have promising candidates running.
I welcome any comments, questions, or ideas you may have on this or any other issue. Please feel free to email me at dmurman@leg.ne.gov or call my office at 402-471-2732.
Streaming video provided by Nebraska Public Media