$250 The Internal Revenue Service estimates that the average taxpayer spends 13 hours and $250 each year to prepare and file their taxes. That represents billions of dollars paid annually by working [...]
In commentary published by the Kearney Hub, J.L. Schmidt notes "red flags" surrounding many of the victories touted by Gov. Jim Pillen following the recent legislative session. The column cites concerns voiced [...]
19 million The temporary expansion of the federal Child Tax Credit included in the American Rescue Plan has expired and reverted to the 2017 tax law. Under those provisions, 19 million children [...]
The impact of lost revenue committed to income tax cuts and property tax breaks passed this year in the Nebraska Legislature might not be felt right away, OpenSky Policy Institute Executive Director [...]
$15 million Next week, senators in the Nebraska Legislature will consider a vote to override the Governor’s line-item veto of rate increases in FY 24-25 for hospitals and nursing homes that provide [...]
The Nebraska Legislature approved companion tax cut proposals on Thursday that combined would cost the state $5 billion in revenue over coming years, a commitment that jeopardizes the sustainability of education funding [...]
The Nebraska Legislature passed three bills on Thursday that provide tax relief while adjusting funding for schools. The report notes that the income tax cuts would largely benefit wealthy Nebraskans, with OpenSky [...]
State lawmakers on Thursday approved income tax cuts, hikes in state property tax credits, a tax credit for child care and a boost to school funding to offset property taxes. The Nebraska [...]
Nebraska lawmakers passed a trio of bills Friday cutting taxes and boosting state aid to schools. The World-Herald story includes a warning from Dr. Rebecca Firestone, executive director of the OpenSky Policy [...]
State senators have passed a budget that outlines $10.7 billion in General Fund expenditures over the next two years. In the few days that remain – Tuesday marked Day 83 of the [...]