(Omaha World-Herald) -- In a Jan. 15 editorial by Omaha Chamber President David G. Brown, Lincoln Chamber President Wendy Birdsall, and Nebraska Chamber President Barry Kennedy, the state's three largest chambers called on state lawmakers to address Nebraska's top income tax bracket. The three say that a "significant reduction of state income tax rates" is "the key to competitiveness, to ensure a healthy, diversified economy." They note that "the Legislature has concentrated on property taxes for the past several years -- allocating more than $200 million annually in the form of property tax credits." According to the Chamber leaders, "true property tax relief will never be realized until serious fiscal restraint is practiced locally, especially by K-12 school districts, counties, cities and other property-taxing entities."
