Tax Neutrality

Nebraskans are now receiving their new property valuation notices in the mail. As a result, many Nebraskans are suffering from sticker shock once they see how much the value of their property has increased since last year. Mine, for example, went up forty percent! Other property owners are seeing their valuations increase by as much as fifty percent.

What these property valuation notices demonstrate is how broken Nebraska's tax system is. To be sure, you can bet your last dollar that the tax levies won't decrease by the same percentage as your valuation increase in order to keep the property t...