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Ricketts:Tax Advantage Act could improve as state makes economic development strides | Rural Radio Network

Ricketts:Tax Advantage Act could improve as state makes economic development strides

Ricketts:Tax Advantage Act could improve as state makes economic development strides
Strang/RRN/KNEB

Governor Ricketts admits changes are needed in the state’s Tax Advantage Act even as he highlighted a number of economic development growth initiatives by his administration Monday during a stop at the Western Nebraska Regional Airport.

Ricketts, who is up for re-election Tuesday, was part of a GOP tour of Nebraska congressional representatives that included Senator Deb Fischer and Congressman Adrian Smith and Jeff Fortenberry, who are also up for re-election. Senator Ben Sasse was also on the tour, but is not up for re-election Tuesday.

Ricketts says he has some specific things he would like to see done as the current economic development legislation sunsets.

Ricketts said, “Some of the things I would like to see for example are  more accountability, more transparency, an emphasis on higher paying jobs.  So I think there are some opportunities to make improvements to that program to help Nebraska grow. ”

Ricketts promoted the Nebraska’s low unemployment rate and the third highest wage growth among all the states since 2014. He also says Nebraska had more economic development projects this last year than three neighboring states had combined.

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