Nebraska Congressional Delegation Joins Attack on Biden Tax Hikes | Regional government
The five members of the Nebraska Congressional Republican delegation joined the Nebraska Farm Bureau and the Nebraska Chamber of Commerce on Thursday to voice their opposition to federal tax increases proposed by the Biden administration and some members of Congress.
Discussions in Washington “centered on increasing capital gains, estate taxes and corporate taxes,” said the newly formed coalition called Nebraskans for Tax Truth.
Raising taxes in these areas “would have far-reaching impacts that threaten not only family businesses and primary economic sectors in Nebraska,” the coalition said, but also “the Nebraskans who rely on these businesses for jobs.”
Senator Deb Fischer said that “these extreme tax increases would be devastating for Nebraska families, agricultural producers and the economy as a whole.”
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Rather than focusing on “the efforts to tax and spend, then tax and spend more,” said Sen. Ben Sasse, the Biden administration “should find more commercial markets and cut red tape so that we can continue to feed the world “.
Rep. Jeff Fortenberry said the decision is “whether we are on the side of the American farm family … or whether we are watching big corporations and trust funds gobble up more land, all because of tax considerations.”
“I hear serious concerns from agricultural producers in our state,” said Representative Don Bacon.