Nebraska Lawmakers Consider Axing Social Security Tax

By: Associated Press
By: Associated Press

Several Nebraska lawmakers have plans to get rid of taxation on Social Security benefits to make Nebraska a more appealing place to retire.

The Legislature's Revenue Committee heard from three lawmakers Wednesday, and is scheduled to hear several more proposals on Thursday.

Omaha Sen. Jeremy Nordquist introduced a bill that would exempt Social Security income taxation for individuals with incomes of $60,000 or less and for married couples earning $80,000 or less.

Sen. Sue Crawford of Bellevue says the state should exempt tax on retirement income for those still working.

Columbus Sen. Paul Schumacher says he is concerned about the cost. He says lawmakers would have to consider taking away from other areas of the budget like education to give seniors a break on Social Security income.


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