
This week, special sessions with major tax implications are in the air...
Many state legislative sessions are wrapping up...
April 18, 2024
Most Nebraskans who claim the state income tax credit on property taxes paid to public schools will see little change in what they pay resulting from the tax package to be debated today, the final day of the Legislative session. But for Nebraska’s lowest-income earners – households making less than $30,000 annually – the impact of […]
April 17, 2024 • By ITEP Staff
Happy (belated) Tax Day!
April 3, 2024 • By ITEP Staff
This week tax cuts were debated across the upper Midwest...
April 3, 2024
LINCOLN, Neb. (AP) — With no votes to spare, Nebraska lawmakers advanced a bill that would raise the state’s sales tax by 1 cent to 6.5% on every taxable dollar spent — which would make it among the highest in the country.
April 1, 2024
The tax package designed to lower property taxes paid to local political subdivisions would increase the tax burden on low- and middle-income working families and make it increasingly difficult for cities, counties and schools to provide the services that Nebraskans expect.
March 28, 2024 • By ITEP Staff
While madness is typically reserved for basketball in March, several high-profile, regressive tax cuts are making their way through state legislatures this week...
Over the past week Utah continued its slow march toward a more inequitable tax code...
Many state legislative sessions are in the final stretch...
State legislative sessions are in full swing with New Jersey and Oklahoma both particularly active this week...
February 22, 2024 • By ITEP Staff
With many state legislatures now in full swing with activity heating up, some tax cut proposals have lost steam...
As many of you may know, we love taxes, along with the many great things they provide for our communities...
February 8, 2024 • By ITEP Staff
While we were hoping to get progressive tax policy wins for Valentine’s Day, many state lawmakers have another idea in mind...
February 1, 2024 • By ITEP Staff
This week the showdown between the Kansas legislature and governor continued as Gov. Kelly vetoed the legislature’s latest attempt to pass a flat personal income tax. Elsewhere, the focus is on doing more for working families through proposals to expand refundable credits in Maryland and adding a millionaire tax bracket in Rhode Island. Meanwhile, there’s […]
January 26, 2024 • By ITEP Staff
Bills are moving and state legislative sessions are picking up across the country, giving elected officials the opportunity to consider two distinct paths when it comes to tax policy...
January 23, 2024 • By ITEP Staff
Updated July 15, 2024 In 2024, state lawmakers have a choice: advance tax policy that improves equity and helps communities thrive, or push tax policies that disproportionately benefit the wealthy, drain funding for critical public services, and make it harder for low-income and working families to get ahead. Despite worsening state fiscal conditions, we expect […]
January 11, 2024 • By ITEP Staff
States got a wake-up call this week as ITEP released the latest edition of our flagship Who Pays? report...
January 9, 2024 • By ITEP Staff
Nebraska Download PDF All figures and charts show 2024 tax law in Nebraska, presented at 2023 income levels. Senior taxpayers are excluded for reasons detailed in the methodology. Our analysis includes nearly all (99.5 percent) state and local tax revenue collected in Nebraska. These figures depict Nebraska’s personal income, corporate income and property taxes at […]
January 4, 2024 • By ITEP Staff
The year may be new, but state lawmakers seem to have the same old resolution: slashing state income taxes...
Even as revenue collections slow in many states, some are starting the push for 2024 tax cuts early. For instance, policymakers in Georgia and Utah are already making the case for deeper income tax cuts. Meanwhile, Arizona lawmakers are now facing a significant deficit, the consequence of their recent top-heavy tax cuts. There is another […]
Though Turkey Day has passed, lawmakers in states across the U.S. have yet to get their fill of delicious tax policy goodness...
November 21, 2023 • By Brakeyshia Samms
Race was front and center in a lot of state policy debates this year, from battles over what’s being taught in schools to disagreements over new voting laws. Less visible, but also extremely important, were the racial implications of tax policy changes. What states accomplished this year – both good and bad – will acutely affect people and families of color.
States differ dramatically in how much they allow families to make choices about whether and when to have children and how much support they provide when families do. But there is a clear pattern: the states that compel childbirth spend less to help children once they are born.
November 2, 2023 • By Carl Davis, Eli Byerly-Duke
Over time, broad wealth taxes were whittled away to become the narrower property taxes we have today. These selective wealth taxes apply to the kinds of wealth that make up a large share of middle-class families’ net worth (like homes and cars), but usually exempt most of the net worth of the wealthy (like business equity, bonds, and pooled investment funds).The rationale for this pared-back approach to wealth taxation has grown weaker in recent decades as inequality has worsened, the share of wealth held outside of real estate has increased, and the tools needed to administer a broad wealth tax…