Nebraska
On Thursday, Nebraska lawmakers approved a massive $6.4 billion tax relief package. The bill includes several tax relief measures, but the main one is the increased property tax credits from Nebraska. Increased Property Tax Credits From NebraskaThe following year, the property tax credits from Nebraska will increase by the percentage growth in the total assessed value of the real properties in the state over the last year and by $75 million more. Thereafter, the credit amount will continue to rise by the percentage growth in the value of properties statewide. Additionally, LB243 removes the 5%...
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Nebraska’s economy outperformed many other states even during the crisis and recession last year. In comparison to many other states, the economic conditions in Nebraska were more stable throughout the pandemic. Nebraska has a massive agriculture sector, and is among the biggest producers of wheat, soybeans, sorghum, corn, beef and pork. Other industries that make a significant contribution to the state’s GDP are information technology, insurance, manufacturing, freight transport and telecommunications. Let’s take a look at the ten most profitable companies in Nebraska. Q3 2021 hedge fund lett...
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