Chamber pushes tax reduction, workforce development

The Nebraska Chamber of Commerce made its pitch for state income tax reduction, arguing that Nebraskans "need tax relief" along with government spending restraints.

But "the dominant issue" for business and industry in Nebraska is developing a trained and adequate workforce, Chamber President Barry Kennedy told a breakfast briefing hosted by the Lincoln Chamber of Commerce.

That is a fundamental ingredient of economic development, he said.

Seven state senators participated in the event. 

A comprehensive tax reduction plan (LB461) that's pending in the Legislature was described as "at least a good start" in terms of tax relief.

That bill would gradually reduce income taxes and change the manner in which the state values agricultural land for local property tax purposes, thus reducing both income taxes and ag property taxes.

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