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Old 01-29-2013, 03:45 PM
 
Location: West Paris
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Who pays if Nebraska eliminates income taxes? - Omaha.com

Just curious too
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Old 01-29-2013, 03:50 PM
 
370 posts, read 1,356,383 times
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Silly headline. The answer is still "us." It just shifts from income tax to sales tax, on both individuals and businesses.
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Old 01-29-2013, 05:08 PM
 
Location: Western Nebraskansas
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It's a safe bet the days of tax exempt grocery items would be a thing of the past. Like SD...
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Old 01-30-2013, 06:46 PM
 
Location: Boilermaker Territory
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It will likely be downshifted onto the LOCAL LEVEL, via property taxes. Most states that don't have income tax have high property taxes, unless you are talking about very rural areas with less services.
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Old 01-30-2013, 08:19 PM
 
Location: Western Nebraskansas
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That might be true of NH and TX, but the rest of the non-income tax states have relatively low property taxes...
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Old 01-30-2013, 09:22 PM
 
Location: Boilermaker Territory
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Quote:
Originally Posted by itsMeFred View Post
That might be true of NH and TX, but the rest of the non-income tax states have relatively low property taxes...
Washington state has seen a dramatic rise in property taxes. South Dakota is a VERY rural state, Wyoming is a VERY rural state, Florida is run by the real estate industry, Alaska is a VERY rural energy patch state, and Tennessee does not spend money on anything outside of a few places. So, that is a quick summary.
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Old 01-31-2013, 08:03 AM
 
Location: Bothell, Washington
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Quote:
Originally Posted by GraniteStater View Post
Washington state has seen a dramatic rise in property taxes. South Dakota is a VERY rural state, Wyoming is a VERY rural state, Florida is run by the real estate industry, Alaska is a VERY rural energy patch state, and Tennessee does not spend money on anything outside of a few places. So, that is a quick summary.
That's not true- you may see high property tax figures for Washington state only because house values are so high, that people are paying fairly high dollar amounts in property taxes. However I moved here to the Seattle area from Lincoln, Nebraska 3 years ago and can say that my property tax rate is HALF what it was in Lincoln. I pay the exact same total dollar figure in property taxes here on my $225,000 house that I paid in Lincoln on my $115,000 house.

We have no state income tax out here and there is no sales tax on food. However the sales tax on everything else is rather high at around 9%- 9.5%, depending on which town you are in. So I would suspect if they do get rid of a state income tax back there they will just hike up the sales tax to make up for it, or spread it around by a combination of a higher sales tax and another hike to the already insanely high property taxes.
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Old 01-31-2013, 05:12 PM
 
Location: Western Nebraskansas
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Not sure if you've caught this GS, but Nebraska is a rather rural state, too
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