Will lowering income taxes keep and attract people to Nebraska? That was among questions raised at a public hearing Thursday that considered Gov. Jim Pillen’s tax proposals.
Thursday’s Revenue Committee hearing focused on several parts of Gov. Pillen’s proposed tax changes, including lowering the top personal and corporate income tax rates from around six percent to 3.99 percent over the next five years. Pillen invoked a sports rivalry, saying the adjustment is needed for Nebraska to compete with other states.