Nebraska City News Press on Nov. 10 — OpenSky Policy Institute: Department of Revenue study shows income tax cut no boon for Nebraska
A tax burden study released last week by the Nebraska Department of Revenue contradicts claims that income tax cuts will lead to economic growth.
A hypothetical $100 million personal income tax cut would result in a net loss of $94 million in tax revenue and largely benefit the state’s highest earners, the 2010 Nebraska Tax Burden Study found.