Sen. Davis & the Local Income Tax

January 14, 2015J,

When we heard yesterday that Sen. Al Davis, LD 43, was going to be introducing a bill that would create a new local income tax we thought… well, this pretty much sums it up: LB 280 would create a new local income tax in an effort to offset revenue lost by school districts lowering their […]

Opportunity in the Midwest

January 10, 2015J,

These days any conversation about cutting taxes in Nebraska is quickly followed by fear mongering about how the Cornhusker state will be like Kansas and have a budget deficit. Yesterday, Allysia Finley, Wall Street Journal, gave an interesting perspective on the state of affairs in Kansas. Due to the Kansas tax cuts the state has […]

Tax Reform can Positively Impact All

December 19, 2014J,

The typical citizen likely can’t tell you what marginal rates they were taxed at, but they could give you a good idea about how they would spend $130. Adjustments to the tax code are important because they have a real impact on our lives. Last year Nebraska lawmakers made good progress. Senators indexed the income […]

Nebraska Tax Debate is Heating Up

December 10, 2014J,

Yesterday, the capitol was focused on taxes. As a group of children and their parents gathered around the Christmas tree in the Rotunda of the State Capitol, the Platte Institute unveiled their tax proposal, Strong Roots Nebraska. Later that day, the Revenue Committee held interim hearings for LR 566 and LR 571. These studies examined […]

Kill the Death Tax

September 03, 2014J

The death tax, also known as the estate tax, is a tax on a person’s assets at death. Family-owned farms and businesses are most vulnerable to the death tax. When one generation wishes to pass family business assets down to the next generation, the death tax can threaten the continued viability of the business’ operations. […]