Many Nebraska property owners experienced sticker shock upon seeing their assessed valuations earlier this year, but how does that relate to property taxes levied? RSVP today for OpenSky’s Fall Policy Symposium, your [...]
$218 million In its report to the Tax Rate Review Committee, the Legislative Fiscal Office noted that taxpayers claimed $380 million of the $598 million in LB 1107 property tax credits authorized [...]
$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 [...]
40% Leaders at Southeast Community College are planning to hike the district’s property tax levy to the maximum in next year’s budget, potentially increasing what some taxpayers will pay in support of [...]
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 [...]
2.6% Infants are more likely to reach age 1 in states with tax policies that raise more revenue and raise it from those most able to pay, according to research published in [...]
The Nebraska Legislature advanced proposals for a sweeping series of income and property tax cuts, despite critics’ warnings that the cuts will not be sustainable. The report includes analysis by OpenSky shared [...]
Senators voted Thursday to advance a package of proposed property tax breaks that include a revenue cap on school districts across the state. In a KLKN-TV report, OpenSky Executive Director Dr. Rebecca [...]
The Legislature on Wednesday and Thursday will consider property tax breaks and corresponding income tax cuts that together would restrict the revenue that’s available to fund important programs that all Nebraskans rely on [...]
The state Legislature has a record budget surplus to work with this year, and bills being debated this week reflect opportunities to invest in Nebraska’s schools and other services that all Nebraskans [...]