OpenSkyLIGHTS: Focus on Nebraska fiscal policy (6/30/23)

$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 [...]

By |2023-06-29T12:22:12-05:00June 30th, 2023|Ballot Measures, Ballot Measures, Budget & Budget Process, Budget and Tax, Education, Home Featured, Income tax, Nebraska, OpenSky, Revenue, Voucher|Comments Off on OpenSkyLIGHTS: Focus on Nebraska fiscal policy (6/30/23)

OpenSkyLIGHTS: Focus on Nebraska fiscal policy (6/23/23)

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 [...]

By |2023-06-23T09:29:48-05:00June 23rd, 2023|Budget & Budget Process, Budget and Tax, Federal Tax and Budget, Home Featured, OpenSky, Revenue, Revenue|Comments Off on OpenSkyLIGHTS: Focus on Nebraska fiscal policy (6/23/23)

OpenSkyLIGHTS: Shedding light on Nebraska fiscal policy (6/16/23)

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 [...]

By |2023-06-16T08:35:18-05:00June 16th, 2023|Ballot Measures, Ballot Measures, Budget & Budget Process, Budget and Budget Process, Budget and Tax, Education, Education, Home Featured, Income tax, Nebraska, OpenSky, Revenue, Revenue, Voucher|Comments Off on OpenSkyLIGHTS: Shedding light on Nebraska fiscal policy (6/16/23)

Nebraska Public Media on May 11: Senators advance income, property tax cuts despite criticism

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 [...]

By |2023-05-12T14:52:44-05:00May 12th, 2023|Budget and Tax, OpenSky in the Media|Comments Off on Nebraska Public Media on May 11: Senators advance income, property tax cuts despite criticism

KLKN-TV on May 11: Property tax relief bill in Nebraska Legislature advances to final round

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 [...]

By |2023-05-12T15:09:28-05:00May 11th, 2023|Budget and Tax, OpenSky in the Media|Comments Off on KLKN-TV on May 11: Property tax relief bill in Nebraska Legislature advances to final round

Proposed property tax breaks benefit wealthy while restricting school revenue

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 [...]

By |2023-05-10T17:01:46-05:00May 10th, 2023|Budget & Budget Process, Budget and Tax, Education, Home Featured, Income tax, OpenSky, Revenue|Comments Off on Proposed property tax breaks benefit wealthy while restricting school revenue

Education finance package, budget bills return to agenda

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 [...]

By |2023-05-09T15:17:34-05:00May 9th, 2023|Budget & Budget Process, Budget and Budget Process, Budget and Tax, Education, Education, Home Featured, Income tax, OpenSky, Revenue|Comments Off on Education finance package, budget bills return to agenda

Nebraska Examiner on May 2: State budget debate begins this week

In an OpenSky Policy Institute webinar on Monday, two members of the Appropriations Committee said the proposed budget for the next two fiscal years was crafted with a goal of making sure [...]

By |2023-05-02T12:11:38-05:00May 2nd, 2023|Budget & Budget Process, Budget and Budget Process, Budget and Tax, Income tax, OpenSky in the Media|Comments Off on Nebraska Examiner on May 2: State budget debate begins this week
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