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'Begging companies to take unfair advantage': State auditor takes aim at tax incentive programs
Nebraska lost $1.2 billion in tax revenue due to inactive projects receiving incentives, with $295 million in abatements in 2025 alone, risking municipal and university funding, Auditor Foley said.
5 Articles
5 Articles
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Columbus Telegram
Nebraska paid millions in tax breaks to companies that no longer qualified
State Auditor Mike Foley said millions of dollars have been doled out through the Nebraska Advantage Act and ImagiNE Nebraska Act to companies that no longer qualify.
·Cherokee County, United States
Read Full Article'Begging companies to take unfair advantage': State auditor takes aim at tax incentive programs
Nebraska State Auditor Mike Foley is scrutinizing the Department of Revenue, saying that millions of dollars in state tax credits are being paid to companies that no longer maintain jobs in Nebraska.
·Omaha, United States
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Leaning Left0Leaning Right0Center5Last UpdatedBias Distribution100% Center
Bias Distribution
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