LINCOLN- On Tuesday, Sen. Steve Erdman, a fierce advocate for the adoption of an EPIC consumption tax, announced that a petition effort to do just that has gathered signatures from 5% of registered voters in 38 of Nebraska's counties. Should the petition land on the 2024 ballot, voters will have the chance to decide whether to eliminate the state's income, property, and corporate taxes and replace it with a broader consumption tax.
However, despite clearing this hurdle, Erdman and the EPIC tax backers still need to gather a total of 123,000 signatures from registered voters by July 3, a number equal to 10% of all voters in the state. "Every signature counts," said Erdman on Tuesday, "We've got to figure out a way to fix this broken tax system, and I haven't come up with another idea that makes any sense."
Gov. Pillen, who has pledged to call a special session to reduce the state's property tax burden by 40%, has previously opposed the EPIC tax initiative, arguing that it would harm retail sales, necessitate a higher tax rate, and take away local control from the state's communities. "The EPIC tax is not a workable solution," Pillen said in a statement Tuesday.
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