A core function of OpenSky Policy Institute is to provide reliable data, information, and solutions regarding revenue proposals and existing policies in an effort to put the state on a sustainable long-term growth path that balances the needs of its citizens with the capacity of the revenue structure.
Proposed property tax breaks designed to match the dollars that the state would commit in income tax cuts could restrict what’s available to fund programs that all Nebraskans rely on. The framework [...]
Provisions of the income tax package under consideration in the Nebraska Legislature predominantly benefit high-income taxpayers. With debate on LB 754 set to begin on Wednesday, we looked at how model taxpayers [...]
Last year, the Nebraska Legislature passed the largest tax cut package in state history, committing $3.4 billion in state revenue over six years. This week, as the Legislature begins debate on a [...]
Income tax cuts set to be debated soon in the Nebraska Legislature would benefit the wealthiest Nebraskans and send more money to out-of-staters than our own middle- and lower-wage earners. When fully [...]
https://www.youtube.com/watch?v=Q1qWgzAVQ24 Modifying the state’s tax policy will not keep younger, highly educated Nebraskans from leaving for job opportunities in Iowa, Kansas and other states, panelists said in a March 7 [...]
The question of who is wealthy and who is not is a frequent one in the Nebraska Legislature and has the potential to affect any number of state policies. Is someone with [...]
It’s tax season, and many of us are trying to figure out what we owe. The Nebraska Legislature is also looking into that question. A few bills introduced in the Legislature – [...]
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LB 79, along with a pair of constitutional amendments – LRs 6CA and 7CA – will be heard tomorrow afternoon by the Revenue Committee and would combine to replace most state and local taxes with a [...]
The governor’s proposed education finance plan, LB 583, and the three bills containing the governor’s budget priorities, LBs 813, 814 and 818, had hearings recently, while a couple other education and revenue bills will be heard in committee [...]