Prospects for Property Tax Cuts in Nebraska (Guest: Sen. Dave Murman)




Budget and Tax News Podcast show

Summary: <p><a href="mailto:dmurman@leg.ne.gov">Nebraska state Sen. Dave Murman</a>, a member of the unicameral legislature, joins the podcast to discuss the issue of state property tax relief. Sen. Murman recently attended <a href="https://www.platteinstitute.org/research/detail/video-north-platte-property-tax-reform-town-hall">a forum on property tax reform sponsored by the Platte Institute</a>. An initiative to amend the state constitution could be on the ballot in November 2020 that provides for a 35 percent tax credit against property taxes paid in the state income tax system, leaving to the legislature the task of restraining spending and, potentially, broadening the state sales tax to compensate for the lost revenue.</p> <p>Murman is a farmer by profession, and was elected to the legislature in 2018.</p>