News Release: Tax Foundation Makes Case for Reform at August 17 Summit
Contact: Adam Weinberg
(402) 452-3737
aweinberg@platteinstitute.org
August 17: Tax Foundation to Make Case for Reform at Summit
New Report Recommends Steps for a 21st Century Nebraska Tax Code
LINCOLN, NE (August 4, 2016) — Nebraska’s tax system imposes barriers to state economic growth. Since 1992, $3 billion in annual adjusted gross income has left the state, mostly to states that levy lower taxes on income and property. Experts from the Tax Foundation, the nation’s leading independent tax research organization, will visit Lincoln to offer their recommendations for tax reform in Nebraska.
Their presentation and the release of their new study, A Twenty-First Century Tax Code for Nebraska, leads the program schedule at the Platte Institute’s August 17 Tax Reform Summit at the Cornhusker Marriott in Lincoln.
“Lawmakers — and even taxpayers across the country — look to the Tax Foundation for information about taxes and how they impact our daily lives,” said Adam Weinberg, Communications and Outreach Director for the Platte Institute. “We’re excited to share the Tax Foundation’s findings on how the Legislature can enact responsible, sustainable tax reform that helps grow Nebraska,” said Weinberg.
The Tax Foundation is known for the many national tax policy maps they produce and distribute, as well as research comparing and ranking state tax policies. In the Tax Foundation’s 2016 Business Tax Climate Index, Nebraska ranked 27th behind faster-growing states like Texas, Florida, Arizona, and Colorado, and all of Nebraska’s bordering states, except for Iowa, which ranked 40th.
The 2016 Tax Reform Summit will be held Wednesday, August 17, 2016 from 7:45 a.m. – 12:30pm. The Cornhusker Marriott is located at 333 South 13th Street, Lincoln, NE 68508.
Program topics include:
- The Case for Tax Reform in Nebraska
- Nebraska’s Options for Tax Reform
- Lessons from Other States
Scott Drenkard & Jared Walczak from the Tax Foundation will also join a Q&A and discussion session with Nebraska State Senators Curt Friesen (District 34), Burke Harr (District 8), and Brett Lindstrom (District 18) about the work of tax reform in the Nebraska Legislature.
How Money Walks author Travis H. Brown will provide the program’s lunchtime keynote speech, discussing how Nebraska’s tax structure contributes to the state’s out-migration of population and income.
The complete program agenda may be viewed here.
General registration for the 2016 Tax Reform Summit is $20 and includes a lunch buffet. Complimentary event registration is available for elected officials, legislative staff, and members of the media. Online registration is available at netaxreform.eventbrite.com.
For more information or to arrange an interview about the Tax Reform Summit, please contact Adam Weinberg at (402) 452-3737 or at aweinberg@platteinstitute.org.
About Travis H. Brown:
Travis H. Brown is the author of How Money Walks and the co-author of the New York Times and USA Today bestseller An Inquiry into the Nature and Causes of the Wealth of States (with Art Laffer, Steve Moore, and Rex Sinquefield). Brown is an entrepreneur with a passion for helping cities and states grow via smart tax policies. He’s a frequent contributor to Fox and Friends as well as Forbes.com, and has appeared on various radio and television broadcasts such as Fox Business Network, CNBC, Opening Bell with Maria Bartiromo, NPR’s All Things Considered, Bloomberg News, and CSPAN. Publications including US News and World Report, the Atlanta Journal Constitution, the Fiscal Times, and the Dallas Morning News have cited Brown’s work when reporting on taxes and the economy.
The Platte Institute for Economic Research advances policies that remove barriers to growth and opportunity in Nebraska. To learn more about our research, view our recent articles, or subscribe to our weekly #PlatteChat column.