Some increased spending, some tax-cut ideas are appropriate. Just don't overcommit the state. Past experience here and elsewhere provides a warning.
Fiserv could qualify for up to $40 million in tax incentives after it committed to keep 90% of its workforce in the state.
Representatives of local governments slammed proposals to put a new lid on spending of Nebraska's property taxes, saying the measures could backfire, harming local education and other services.
As Nebraska legislators worked to pass a “grand compromise” regarding property tax relief, business tax breaks and funding for a future Univer…
The Open Sky Policy Institute warned lawmakers Thursday that a property tax proposal being crafted by the Legislature's Revenue Committee
All argued that their businesses would suffer if they had to start charging sales taxes.
Legislative Bill 337 would bring the top individual income tax rate down to 5.99 percent in eight steps, with each step triggered by state revenue growth projections. A public hearing on the bill is set for 1:30 p.m. Wednesday at the State Capitol.
The study that Gov. Pete Ricketts cited in his address — put out by the Wallet Hub website — appears to stand alone in putting Nebraska near the very top of the 50 states in taxes. The Tax Foundation, which produces what’s probably the most well-known and most closely followed annual tax study, currently has Nebraska ranked 25th in tax burden as a percentage of income.
One of the state’s major think tanks is backing a plan to impose a local income tax to provide property tax relief while maintaining funding for local schools.
The state's chambers of commerce say yes, but critics see better uses for the annual $270 million cost.
The executive director of the Open Sky Policy Institute, a Lincoln-based think tank, called for putting more state money into the school funding formula.