Tax Reform Blueprint in Nebraska (Talking Tax)
Channel: ThinkTech Hawaii
Date: 2021-09-24

Attracting People and Opportunities.  The host for this show is Jay Fidell.  The guests are Tom Yamachika and Jim Smith.  

Blueprint Nebraska, a campaign dedicated to increasing Nebraska’s economic growth and competitiveness over the next decade, has released its proposed framework for bringing Nebraska’s tax system into the 21st century.

Blueprint Nebraska’s Taxation & Incentives Industry Council took insights from surveys, public forums, and tax policy research to develop a plan that gives Nebraska a regionally-competitive tax climate that is more inviting to workforce talent.

The headline benefits for Nebraskans include allowing taxpayers to earn up to $50,000 free of state income tax, dedicating an additional $2 billion to property tax relief over the next ten years, and an elimination of Nebraska’s inheritance tax. This is in addition to new student loan relief programs and a doubling of Research and Development investments.

We discuss what lessons Hawaii might be able to learn from Nebraska's efforts to attract people and opportunities.

The ThinkTech YouTube Playlist for this show is https://www.youtube.com/playlist?list=PLQpkwcNJny6lmEllOKP493URXssFT4N7G

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