When taxpayers vote with their feet, policymakers should listen. Nebraska endured one of the nation’s largest migration-caused losses of income between 2019 and 2020, according to taxpayer migration data released by the Internal Revenue Service. Nebraska’s net loss of annual income due to outmigration was nearly $500 million. The Wall Street Journal described the new...
Even before the COVID-19 pandemic, Nebraska communities of all sizes were experiencing housing shortages, and from 2008 to 2018, Nebraska saw the 6th fastest increase in home prices among all states. That’s why the Blueprint Nebraska economic initiative has set the goal of increasing the housing supply and making our state a national leader for...
On a special episode of Nebraskanomics, Jim Smith asks three experts on telecommunications and regulation about the state’s progress on grant programs that expand broadband connectivity. Nebraska Public Service Commissioner Mary Ridder, Nebraska Legislature Transportation and Telecommunications Committee Legal Counsel Mike Hybl, and Hamilton Communications General Counsel Jim Ediger are our guests. A transcript of...
Nebraska entered the 2022 legislative session with its tax code ranked 35th in structural competitiveness, according to Tax Foundation’s 2022 State Business Tax Climate Index. The state will likely improve its position over the coming years as a result of tax changes made in LB873. However, projections show the state may only edge closer to...
by Cindy Gonzalez, Nebraska Examiner North Platte, Nebraska, businessman Pat Keenan, whose career began in the soft drink industry, has been elected chairman of the nonprofit Platte Institute board of directors. Among the organization’s responsibilities is helping to activate economic initiatives in Blueprint Nebraska, a plan led by business and civic leaders to stimulate economic...
Two factors determine a state’s overall tax competitiveness. The first factor is the total tax burden, measured as a portion of state income. The second factor is the structure of the state’s tax code – the manner in which those revenues are collected. The goal for tax competitiveness in Nebraska, then, is to maintain a...
Platte Institute Senior Fellow Laura Ebke says there’s more the state can do to welcome workers with career and military experience to join Nebraska’s workforce. A transcript of this episode is available below. If you’d like to watch this episode on YouTube, press play. Or you can listen to the podcast on Spotify or Apple...
Platte Institute Senior Policy Advisor Michael Lucci tells Jim Vokal an increasingly mobile workforce is prompting more states to take bold action on tax reform. A transcript of this episode is available below. If you’d like to watch this episode on YouTube, press play below. Or you can listen to the podcast on Spotify or...
Every bill introduced in the Nebraska Legislature receives a public hearing. In many ways, this is an extraordinary public service Nebraska offers. Nebraskans can bring numerous policy ideas to state senators, and as long as they can find a member willing to introduce legislation, those ideas will be considered by a legislative committee. Members of...
Chris Ingstad of Iowans for Tax Relief joins Jim Vokal to update Nebraskans about major movements on tax policy in the Hawkeye State. A transcript of this episode is available below. If you’d like to watch this episode on YouTube, press play below. Or you can listen to the podcast on Spotify or Apple Podcasts....
Nebraska’s tax system funds critical government services. Though few people enjoy paying taxes, it’s worth tolerating a certain level of grumbling—and a certain level of sacrifice—to meet our commitments to the common good. But for a long time, many different groups of Nebraskans have been trying to tell their leaders they’re not happy with the...
In a December 2021 poll, Nebraskans said there’s a relationship between the state’s high taxes and its economic challenges with growing the workforce and population. These voters agreed that eliminating state income taxes on the first $50,000 individuals earn would help us complete for workers. These are the same 812 voters who previously told us...
A Nebraska state senator is proposing one way state agencies can ready the rulemaking process for changes in technology, and make sure innovative firms or business models aren’t stifled by outdated regulations. Click here to read a transcript of this episode. You can also listen to the audio version of Nebraskanomics on Apple Podcasts and...
The Nebraska Legislature has given final approval to Sen. Robert Clements’ Legislative Bill 310, which reduces Nebraska’s county-levied inheritance tax. The bill passed by a vote of 37-1. It now awaits the governor’s signature. With an amendment provided by the Legislature’s Revenue Committee and provisions from another inheritance tax-related bill by state Sen. Wendy DeBoer,...