Nebraska lawmakers right to be cautious of revenue projections
A recent Rockefeller Institute State Revenue Report indicates that much of the recent uptick in state revenues around the nation is likely to be temporary.
Personal income tax cuts don’t spur economic growth
For numerous reasons, claims that reducing the personal income tax in Nebraska will promote economic growth are unsubstantiated. Whether one looks at overall economic growth, employment levels or small-business job creation, data from across the United States show no clear relationship between personal income taxes and a state’s economic well-being.
80 percent of Nebraskans would see tax increases if income taxes are cut
80 percent of Nebraskans would see tax increases if income taxes are cut A move to cut income taxes in favor of higher sales taxes will lead to tax increases for 80 [...]
“Revenue neutral” claims raise an eyebrow
“Revenue neutral” claims raise an eyebrow Download a printable PDF of this report. Department of Revenue estimates shed significant doubt on claims that LB 405 and LB 406 would be revenue neutral [...]
Professor Pomp on principles of taxation
Professor Pomp on principles of taxation Here's a list of state and local tax expert Richard Pomp's 12 tips to tax policy: Don’t look for the Holy Grail. There is no Holy [...]
OpenSky’s Initial Take on State of the State Address
OpenSky's Initial Take on State of the State Address Here's our initial take on the governor's speech from this morning: OpenSky Policy Institute agrees that our tax code needs to be modernized [...]
OpenSky releases ‘Looking for Clarity’
OpenSky releases 'Looking for Clarity' After months of planning, research, writing and editing, we have proudly released OpenSky’s foundational primer, Looking for Clarity: An Overview of Nebraska Budget and Tax Policy. This [...]