My priority bill for this year has made its way out of committee and onto General File. LR 11CA is my resolution for a constitutional amendment to repeal the State income tax, the property tax, the State sales tax and the inheritance tax and to replace these taxes with a consumption tax. Last week Speaker Hilgers announced that he would begin floor debates on taxation bills beginning the week of April 26. LR 11CA will likely be put on the agenda sometime that week.
We have been making great progress in advancing the EPIC Consumption Tax. For instance, last week the Independent Cattlemen of Nebraska (ICON) endorsed the EPIC Consumption Tax, sending out an email to all of their members encouraging them to visit the website at www.EPICconsumptiontax.org and to make private donations to our organization known as the Consumption Tax Institute. I am very excited to have ICON on board and I look forward to other agricultural organizations joining our effort.
Although times continue to be rough for farmers and ranchers, these are very exciting times in which we live. We are on the cusp of completely transforming the way we collect taxes in our state and we are about to move Nebraska to the front of the line among the most tax friendly states in America. Once enacted, I believe the EPIC Consumption tax will promote economic growth and prosperity never seen before in the history of our state. When other states see how the EPIC Consumption Tax has transformed Nebraska’s economy, I believe they will want to follow our lead by introducing similar legislation in their own states.
As I said above, times continue to be rough for farmers and ranchers in Nebraska. Nevertheless, let us be thankful for the precipitation we have already received this year and let us pray that it comes again during the hot summer months when we will need it most, but know that there is real hope for the future of farming and ranching to prosper again in Nebraska.
I’m thankful that we live in that part of the country which sees variations in the seasons. I believe the best season of all is spring. Why spring? By the time spring arrives we are tired of the cold, the wind and the inconveniences winter brings. Spring is a time for new beginnings.
Spring is the season agricultural folks most look forward to. Livestock producers are caring for their new arrivals and planting season is just around the corner. However, with the enthusiasm and anticipation of a new year, we often become distracted and find ourselves in dangerous situations. As you head out to plant or care for your livestock please be careful. Agriculture is one of the most dangerous jobs In America. We are counting on you to provide what we eat and what we wear.
Thank you to all who provide support services to Nebraska’s greatest industry: Agriculture!