OpenSky Analysis of LB970 Income Tax Cuts Going to Non-Nebraskans

OpenSky Analysis of LB970 Income Tax Cuts Going to Non-Nebraskans

Of the individual income tax cuts proposed under LB970, 7.2% – 9.5% would go to non-Nebraskans, sending $20-$26 million out of state.

Sources:
Nebraska Department of Administrative Services Budget Division, “Mid-Biennium Budget Adjustments, 2011–2013 Biennium” http://budget.ne.gov/das_budget/budget12/midbienniumbook12.pdf
Nebraska Department of Revenue, “Nebraska Individual Income Tax by Federal AGI, Tax Year 2009 – by County” http://www.revenue.ne.gov/ann_rept/cumulative/IIT_tbl3_Liability_by_County/2009_IIT_tbl3_Liability_by_County.html. Returns “Not Allocated” to any county are non-resident returns.