Sales taxes are most regressive tax category
As proposals emerge to meet the Governor’s goal of a 40% decrease in revenue generated from property taxes, let’s be clear that sales taxes are the most regressive tax category. In the [...]
As proposals emerge to meet the Governor’s goal of a 40% decrease in revenue generated from property taxes, let’s be clear that sales taxes are the most regressive tax category. In the [...]
Access to quality health care is a key element of “The Good Life” we live in Nebraska, as it keeps our state’s residents working and thriving. And for many Nebraskans, Medicaid and [...]
https://youtu.be/PnNaR7m7JYU As we await formal proposals in the fledgling Legislative session, OpenSky shared an overview of the state’s fiscal picture with participants in a virtual briefing on Wednesday. Nebraska is [...]
Nebraska’s tax system is upside-down, with affluent Nebraskans paying less than their fair share of household income in taxes relative to low- and middle-income families. Last year’s personal and corporate income tax [...]
91,000 Thanks to a successful ballot initiative, the Economic Policy Institute estimates that 91,000 workers – 9.5% of Nebraska’s workforce – will see a wage increase when the state’s minimum wage [...]
2% In a future of fewer births and more deaths across an aging population, immigration will play a major role in whether the United States grows or declines over future years. [...]
Understanding the history of a place is important in evaluating steps to move forward, and some of the modern-day advantages in Nebraska can be traced back to programs like the Homestead Act [...]
2.6% Since the start of 2020, Nebraska brought in more tax revenue than it would have collected under its pre-pandemic growth rate, but the state’s growth in revenues trailed the national average. [...]
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 [...]