January 30, 2017

Open Sky Policy Institute: Some facts about LB 337 — the governor’s tax plan

ITEP Work in Action

Below are some facts regarding, LB 337, the governor’s income tax cut plan:

  • The example middle-class Nebraska taxpayer used to roll out the plan would not receive a tax cut under LB 337. Once the standard deduction is applied, this taxpayer, who earns $29,831, would not pay the top tax rate on any income, and therefore would not receive a tax cut.

Read more here