Janssen Will Offer Alternative Tax Plan

December
13

Janssen Will Offer Alternative Tax Plan

Tax Cuts, Spending Reductions Are Keys to Real Reform
 
LINCOLN -- State Senator Charlie Janssen, candidate for governor and member of the Tax Modernization Committee, said today that he does not support the committee’s recommendations and will offer an alternative plan that focuses on tax cuts and spending reductions.
 
“While I appreciate the efforts of Senator Hadley and the committee members, these recommendations fall short of what the people asked from us -- to find meaningful and necessary tax relief,” Janssen said.
 
Janssen is creating a tax relief plan that will provide direct property tax relief to homeowners, significantly reduce the tax rate on land used for agriculture, and exempt social security and military retirement benefits from state income tax.
 
“This plan is needed not only to reduce the tax burden in Nebraska, but also to create a more competitive tax climate for new and homegrown businesses,” Janssen said.
 
Janssen said tax cuts would be offset by using technology to aggressively pursue lost tax revenue and adopting a budgeting approach that requires spending cuts and efficiency.
 
“When we experienced a shortfall in 2010, the legislature asked every state agency cut spending to balance the budget,” Janssen said. “My plan will require those budget decisions as a regular part of the process to keep state government efficient and taxes low for Nebraskans.”
 
Janssen said he would finalize and release plan details prior to the start of the legislative session in January. 
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