Governor Pete Ricketts Leading the Charge for Growth in Nebraska

Jobs and the economy remain top issues this election cycle, and once again, we find some of the smartest pro-growth leaders right here in the Midwest. Nebraska Governor Pete Ricketts is holding true to his promise from earlier this year to grow the state’s economy by creating a more reliable, less destructive tax system.

In 2017, Nebraskans will commemorate the 50th anniversary of their state’s current tax system; in 1968 Nebraska eliminated state property taxes and head taxes in favor of individual and corporate income taxes and sales taxes.

According to this Platte Institute report, the genesis of this tax strategy occurred in the late 1940s, when advances in agricultural technologies and production efficiencies created a need for an expansion in manufacturing and employment opportunities. Well-meaning elected leaders created a state agency to attract and expand certain industries.

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