Front Page News

Subway changes hands    subway

When the doors opened for business on Wednesday, December 10th, the Arapahoe Subway restaurant was under the new ownership of Mike and Jayne Jonasen and their daughters, Cami Hesnault and Melissa Jonasen.

The Jonasen family of McCook purchased the Subway restaurant from the Arapahoe Venture Corporation.  This local group, which consists of 14 investors,  opened the Subway restaurant in May of 2002 and after 12 ½ years of ownership felt the timing was right to sell, making it official last week.  According to the group’s spokesperson, Marv Crawford, the group does not have any current plans for similar  endeavors.

The Jonasen family is not new to the Subway business with the Arapahoe location their fourth Subway franchise following McCook, Imperial and Grant.  They purchased their first franchise in McCook in 1991.  At one time they also owned the Subway restaurant in Ogallala but sold it about 15 years ago.  Arapahoe is the first Subway franchise that they have owned that they did not build from the ground up.

For the rest of this story and other news, please subscribe to the Arapahoe Public Mirror.

Studies address implications for changes to Nebraska’s tax system

LINCOLN–Two interim hearings at the Capitol Dec. 9 examined elements of the Nebraska tax system in comparison with other states and identified factors that should be considered in any proposals to change Nebraska’s tax system during the upcoming legislative session.

Both hearings, sponsored by Revenue Committee Chairman Sen. Galen Hadley of Kearney, presented studies on the corporate and income tax system and the taxable value of agricultural land, rather than inviting open testimony.

With both studies, Hadley said the purpose was to address issues and gather ideas for when the next Revenue Committee begins in January, particular by comparing what other states do to Nebraska’s tax system.

“We constantly have to be looking at what other states are doing,” Hadley said.

The first study, presented by legal counsel Mary Jane Egr Edson, focused mostly on Nebraska’s income tax system, which is the largest of Nebraska’s state taxes and collected $2.1 billion for the state in 2013-2014. Nebraska’s income tax system is a progressive system, which means as income levels increase, tax rates also increase, in comparison to a flat rate system.  Nebraska’s progressive system has four income brackets that range from 2.46 to 6.84 percent.

For the rest of this story and other news, please subscribe to the Arapahoe Public Mirror.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

%d bloggers like this: