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.
https://www.youtube.com/watch?v=6pzfwayaL7A New evidence on child tax credits at the federal level has shown “stunning” results in lifting children out of poverty throughout the country and a state-level policy could continue [...]
Join bill introducer Senator Danielle Conrad and the OpenSky team for a Feb. 8 OpenSky webinar exploring the potential policy impacts of a state child tax credit like that proposed in LB [...]
LB294 – a proposed state-level child tax credit – will be the focus of a public hearing at the State Capitol on Wednesday, February 8, 2023. The proposal would provide tax credits [...]
Efforts to divert state dollars to private schools often start small but balloon in costs and consequences, panelists from Arizona, Wisconsin and Indiana said during a recent OpenSky webinar. The cost of [...]
Personal and corporate income tax cut bills being heard by the Revenue Committee on Thursday morning would largely benefit the wealthy, out of state residents and corporations and leave the state vulnerable [...]
Four key indicators of a state’s fiscal health include employment levels, inflation rates, tax revenue receipts and the balance of its cash reserve. In all four areas, Nebraska finds itself in a [...]
The cost of high-profile K-12 finance and tax packages introduced this week would entirely consume the projected $1.9 billion that lawmakers have to enact new legislation in the current two-year budget cycle and then [...]
Flat income tax rates – such as the one passed in 2022 in Iowa – are proposed to lower taxes, particularly for the wealthy, an analyst from the Urban-Brookings Tax Policy Center [...]
There is talk of transforming Nebraska’s K-12 education funding into a system that provides aid to schools on a per-student basis. Assuming the $1.07 billion in state school aid – including the [...]
Large tax breaks to the wealthy and out-of-state corporations have been amended into a bill to cut Social Security taxes and is currently being debated by the Legislature. The bill – LB 825 as amended [...]