School property taxes would drop by more than 45% statewide while state sales taxes could go up as much as 1 cent under a tax plan advanced Thursday by the Legislature’s Revenue [...]
A proposal to increase sales and cigarette taxes in order to lower property taxes is headed to the Nebraska Legislature for debate. Sales taxes could increase by up to a penny on [...]
The Nebraska Legislature's Revenue Committee signed off on a major property tax relief plan. Lawmakers have just 12 days left in the session to debate and vote on the package. It calls [...]
A legislative package aimed at taking an axe to property taxes advanced out of committee on Thursday. Governor Jim Pillen, who has been at advocating for the package since the beginning of [...]
Below are statements from OpenSky Policy Institute Executive Director Dr. Rebecca Firestone following the release of more details on a proposal that would reduce property tax revenues through a shift to sales [...]
https://youtu.be/Kv_4YUgFjpM The budget package advanced to the final round of consideration is marked by notable mid-biennium adjustments, including a sizable sweep of cash funds to the state’s general fund – [...]
22% New analysis by The Tax Foundation largely mirrors analysis by OpenSky that the ballot initiative to eliminate income, property and inheritance taxes in Nebraska would require a statewide consumption tax rate [...]
A group of business and government organizations publicly launched its effort Thursday to oppose the initiative petition seeking to replace all state taxes with a consumption tax. They called the EPIC Option Consumption [...]
Opponents called an initiative proposal aimed at upending Nebraska’s tax system an “epic disaster” Thursday as they launched a campaign aimed at keeping the measure off the November ballot. No New Taxes [...]
A coalition of more than 40 Nebraska businesses and organizations formally launched their opposition campaign Thursday to a petition drive aimed at changing the state's Constitution to upend Nebraska's tax system. The [...]