Nebraska State Capitol looking toward the northeast. (Jeff Motz/KFOR News)LINCOLN—(KFOR Apr. 14)—State Auditor Mike Foley on Monday sent a letter to Nebraska lawmakers warning of a $1-and-a-half million drain on the state’s coffers due to corporate tax breaks.  The Imagine Act, which would a pparently create $25-billion investments and create more than 33,000 new jobs as well as a big price tag, which will be due in the next four years.  Foley says this could have a major impact on the state budget.  Based on the Nebraska Department of Revenue’s data, Foley says the total delinquent and protested tax balances as of last June 30 are over $657-million. Combine that with business tax incentives and the potential of hundreds of millions of dollars in uncollected tax proceeds, which could result in a staggering loss.   ...read more read less