Governor Dave Heineman unleashes a game changer, making the case Nebraska needs to eliminate the income tax. It's a bold move but can the state afford it?
"Today, we are operating in a technology-driven, global free market economy," Heineman said in part of his State of the State address. "Our current tax system needs to be modernized and transformed. It's been nearly five decades since Nebraska had a serious debate about our overall tax system. Life has changed drastically since the 1960s, when we were operating in a completely different economic environment."
The governor said many of the state's sales tax exemptions have been around since the 1960s and are outdated.