The Problem with Property Taxes

[Author: Mark Othmer, Nebraska Field Director, 03.2017 | Keywords: Nebraska Field Notes, Property Taxes, Taxes] Those of you who have been lucky enough to attend one of our Summer Legislative Meetings have heard me talk about property taxes. Often, I stress the importance of keeping local taxes and state taxes straight and understanding which entity is responsible for imposing both.  Nebraska’s state government has not levied a property tax since 1967 when voters (in 1966) approved a ballot initiative prohibiting the state from levying and collecting property taxes. That initiative 50 years ago was carried out in the name of “property… Read More »