Keyword Analysis & Research: revenue nebraska gov

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Frequently Asked Questions

What are the main sources of income in Nebraska?

Livestock products account for about 2/3 of Nebraska's farm income and beef cattle are the most important source, followed by hogs. Dairy products and chicken eggs are also important contributors to livestock product revenue. Nebraska farmers also raise sheep and lambs, broilers (young chickens), farm chickens, and turkeys.

Does Nebraska have a state income tax?

Nebraska has a progressive state income tax. That state’s average effective property tax rate is the highest in the region and eighth highest in the country. In addition to the state sales tax, many cities collect an additional rate.

What is the tax rate in Nebraska?

The Nebraska (NE) state sales tax rate is currently 5.5%. Depending on local municipalities, the total tax rate can be as high as 7.5%, but food and prescription drugs are exempt.

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