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Nebraska lawmakers debate 1 cent sales tax hike [Video]

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USA Economy and Markets
  • Members of Nebraska’s unicameral Legislature are debating a proposal to raise the state’s sales tax by one percent.
  • Among the bill’s provisions are new taxes on candy and soda, as well as a 100% tax on hemp and CBD products.
  • A vote is expected Tuesday on whether to advance the bill to a second of three rounds of debate.

Nebraska lawmakers are debating a bill that would raise the state’s sales tax by 1 cent to 6.5% on every taxable dollar spent — which would make it among the highest in the country.

Lawmakers expected to take a vote later Tuesday on whether to advance the bill to a second of three rounds of debate in Nebraska’s unique one-chamber legislature. In addition to raising the state’s current 5.5% sales tax and expanding it to include more services — such as advertising costs — it would add new taxes to candy and soda pop and …

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