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Nebraska Sales Tax Bill Advances Amid Property Tax Concerns

The proposed sales tax increase aims to alleviate soaring property taxes but faces criticism for potentially burdening lower income residents.

  • Nebraska lawmakers advanced a bill to raise the state's sales tax by 1 cent to 6.5%, aiming to address soaring property taxes.
  • The bill includes new taxes on candy, soda, and a 100% tax on hemp and CBD products, but cuts sales tax on utility bills.
  • It seeks to alleviate the burden on lower income residents by exempting grocery food items from the sales tax increase.
  • Critics argue the sales tax hike would disproportionately affect lower income populations, despite efforts to target higher income residents.
  • The bill must survive two more rounds of debate before the legislative session ends on April 18 to become law.
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