Open Sky Policy Institute: Analysis shows large chunk of income-tax cut would leave Nebraska
ITEP Work in Action
Ahead of Tuesday’s Tax Modernization Committee meeting on the state’s corporate and personal individual income taxes, OpenSky commissioned the Institute on Taxation and Economic Policy (ITEP) to forecast a hypothetical scenario in which the state cuts its top income tax rate to 5 percent.
The analysis showed about 40 percent of the tax cut would leave the state.
Ahead of Tuesday’s Tax Modernization Committee meeting on the state’s corporate and personal individual income taxes, OpenSky commissioned the Institute on Taxation and Economic Policy (ITEP) to forecast a hypothetical scenario in which the state cuts its top income tax rate to 5 percent.
The analysis showed about 40 percent of the tax cut would leave the state.