In Nebraska you pay taxes on what you earn, what you buy, what you own, and at the end of it all – what you choose to give to your family.
Here’s the nitty-gritty of the tax:
“Close relatives, such as siblings, children, or grandchildren, are taxed at a modest rate of one percent after the first $40,000. Nieces and nephews are not so fortunate—they are taxed at thirteen percent after the first $15,000. Cousins and other, more distant relations are hit the hardest of all, with an eighteen percent tax assessed after the first $10,000.”
Click here to read Clark’s Platte Chat and see why this tax on families has to go!