New Report Shows There's No Easy Way to Compare Nebraska Tax Incentives
LINCOLN, Neb. (AP) —
State officials say they don't have enough information to measure how
well Nebraska's tax incentives stack up against others in the Midwest
A legislative report released Wednesday found that
Nebraska offers fewer tax credits for business investors than other
nearby states. Nebraska was the only state out of 10 reviewed that did
not offer exemptions for corporate income or inventory taxes.
lawmakers say the state programs vary so widely that it's difficult to
tell whether Nebraska has gained an edge. The Legislature's Performance
Audit Committee looked at the incentives offered by Arkansas, Colorado,
Iowa, Kansas, Missouri, Oklahoma, South Dakota, Texas and Wyoming.
committee chairman, Sen. John Harms of Scottsbluff, says his staff is
looking at specific goals to measure whether the tax incentives work as