LINCOLN, Neb. (AP) — Nebraska officials say the tax package working its way through Congress is creating a great deal of uncertainty for the state budget because it could affect tax collections.
Legislative Fiscal Office Director Michael Calvert told senators Thursday that the state’s finances face a significant risk that can’t easily be predicted.
Nebraska’s tax system is closely linked to the federal system, so changes at the federal level can influence the state’s tax collections. State officials also suspect investors may be reluctant to sell right now because they’re hoping for reduced tax rates on capital gains in the future.
The comments came during a meeting of the Legislature’s Tax Rate Review Committee.
NORTH PLATTE, Neb. (North Platte Post)- A two vehicle accident at the corner of B and McDonald in North Platte on Friday afternoon sent two people to the hospital. Lt. Rich Hoaglund with the North Platte Police Department told the North Platte Post that a 2010 Chevy Equinox driven by Lisa Bassett was traveling west on B Street when it was struck by a 1992 Chevy 1500 pickup truck headed north on McDonald. Andrew Lucero, the driver of the pickup, was distracted and failed to yield at the stop sign on the corner. Bassett and another passenger in the Equinox were taken to GPRMC with non life-threatening injuries. No fatalities were reported.
