Thursday, September 6, 2012

The Sky Does Not Fall After Omaha Passes Restaurant Tax


Restaurant tax has helped fill big hole in city budget. (Omaha World-Herald, 9/6/2012)

Excerpt: Despite the dire predictions that the new tax would cut into Omaha's restaurant traffic, business for the nearly $1 billion Omaha restaurant industry is up. 

State records show that restaurants in Council Bluffs, which many people predicted would get a windfall, saw sales drop when Omaha's tax went into effect.


(according to readers of Omaha Magazine)


Related article:

The tax survives a challenge.

Court upholds occupation tax on restaurants.  (Omaha World-Herald, 5/19/2012)

The article notes that a similar tax, pegged at 2%, raised $11,000,000 in Lincoln in 2011.

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