Joint Chambers of Commerce Statement on LB 388

The following is a joint statement from several of Nebraska’s chambers of commerce, including the Lincoln Chamber of Commerce, which are representing the business community statewide ahead of the State Legislature’s debate on an amendment to LB 388, which would make the bill the vehicle for shifting the burden of local property taxes to the state sales tax base:

“On behalf of Nebraska’s businesses and employers, the Nebraska, Lincoln, Kearney, Grand Island, and Washington County Chambers of Commerce remain opposed to tax increases and tax shifts. Implementing taxes on one group to alleviate the burden on another is not good public policy. Our organizations have consistently supported comprehensive tax relief, and we remain dedicated to promoting economic growth to lower taxes for all Nebraskans. Senators have effectively implemented real tax reform, reducing both income and property taxes to promote economic growth, and we firmly believe this is the best path forward.”