Nebraska’s budget funds for services at the core of the Good Life. In fact, more than 90 percent of the state’s general fund budget goes to fund education, health and human services and public safety. As such, the budget decisions our policymakers have serious implications for all Nebraskans.
A panel of Nebraska business leaders and economists believe the state will finish the current fiscal year with $80 million less than expected but agreed to raise prior forecasts for tax receipts [...]
A paramount task for the Nebraska Legislature in the current session is to pass a balanced budget, a blueprint for spending in the upcoming biennium that matches up with the money expected [...]
Using “tax day” as a backdrop, Gov. Jim Pillen joined some key state senators and two tax groups Tuesday in touting legislative proposals that aim to reduce Nebraska’s top income tax rate [...]
On Tuesday, Gov. Jim Pillen joined lawmakers and tax groups who support his plan for more than $6 billion in income and property tax cuts over the next six years. In its [...]
For the same cost as extending personal and corporate income tax cuts, Nebraska lawmakers could make significant investments that would benefit all residents and grow the state’s economy. Tax cuts outlined in [...]
At least six states have slashed income tax rates this year — and more could follow — as state leaders seek to return excess money to taxpayers and outdo their neighbors. In [...]
Nebraska tax collections have come in short of projections over a five-month period, with the cumulative shortfall topping $92 million, according to a report released Friday. In the story, OpenSky Policy Institute [...]
As Tax Day approaches, we’re reminded of how our collective tax dollars contribute to a stronger Nebraska. Good schools, safe communities, modern infrastructure and a great quality of life are all things [...]
State aid to Nebraska’s public schools could decrease if a proposal to give state tax credits for donations to fund private school scholarships becomes law. Proponents of LB 753 have suggested that [...]
An income-tax reduction package moving through the Nebraska Legislature may have to be “skinnied up” after its estimated fiscal impact came in much higher than anticipated. In the story, Dr. Rebecca Firestone of OpenSky [...]