January 24, 2014

Open Sky Policy Institute: Typical family pays less tax in Nebraska than in most similar states

ITEP Work in Action

Middle-income Nebraskans pay relatively low taxes compared to their counterparts in eight nearby states with similar economies and tax structures.

A family earning the median family income in Nebraska ($63,442) would pay less in taxes than a similar family in all but two of these states – Colorado and Kansas. (Table 1) The other comparable states are Iowa, Illinois, Ohio, Wisconsin, Minnesota and Michigan.

Such a middle-income family in Nebraska is likely to pay higher sales and property taxes, but their income tax would be lower than that paid by similar families in all these states but Kansas.

The comparable states were selected because they have the three major taxes – on income, sales and property – that Nebraska has and they don’t rely heavily on revenue from gambling or natural resources like oil.

Middle-income Nebraskans pay relatively low taxes compared to their counterparts in eight nearby states with similar economies and tax structures.
A family earning the median family income in Nebraska ($63,442) would pay less in taxes than a similar family in all but two of these states – Colorado and Kansas. (Table 1) The other comparable states are Iowa, Illinois, Ohio, Wisconsin, Minnesota and Michigan.
Such a middle-income family in Nebraska is likely to pay higher sales and property taxes, but their income tax would be lower than that paid by similar families in all these states but Kansas.
The comparable states were selected because they have the three major taxes – on income, sales and property – that Nebraska has and they don’t rely heavily on revenue from gambling or natural resources like oil.

Middle-income Nebraskans pay relatively low taxes compared to their counterparts in eight nearby states with similar economies and tax structures.

 

A family earning the median family income in Nebraska ($63,442) would pay less in taxes than a similar family in all but two of these states – Colorado and Kansas. (Table 1) The other comparable states are Iowa, Illinois, Ohio, Wisconsin, Minnesota and Michigan.

 

Such a middle-income family in Nebraska is likely to pay higher sales and property taxes, but their income tax would be lower than that paid by similar families in all these states but Kansas.

 

The comparable states were selected because they have the three major taxes – on income, sales and property – that Nebraska has and they don’t rely heavily on revenue from gambling or natural resources like oil.

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