Tax Policy

Legislature Expected to Return to Session July 20

Legislature Expected to Return to Session July 20

The Nebraska Legislature is currently scheduled for a summertime return to its 2020 session, which was suspended due to the COVID-19 emergency. Nebraska Legislature Speaker Jim Scheer says the plan is for senators to return for the final 17 days of legislative business between July 20 and August 13. Prior to the crisis, lawmakers had completed hearings...

By Adam Weinberg

April Revenue Numbers Show Pandemic Impact

April Revenue Numbers Show Pandemic Impact

A delayed tax filing deadline and closed businesses in Nebraska has resulted in April state tax revenues that are $292 million below previous monthly projections. While this is a very noticeable impact from the pandemic, the data released by the Nebraska Department of Revenue this morning tells us a bit more about our tax code...

By Sarah Curry

Webinar: Impact on Agriculture

Webinar: Impact on Agriculture

Click here to download slides from the program in PDF format. The program may also be viewed and shared on Facebook and YouTube.

Webinar: The CARES Act and Taxes

Webinar: The CARES Act and Taxes

Download the slides from this webinar in PDF format. The program may also be viewed and shared on Facebook and YouTube.

Responding to the COVID-19 Crisis: the Next 90 Days

Responding to the COVID-19 Crisis: the Next 90 Days

Our Goal: Protect the health, safety, and economic opportunity of all Nebraskans. Our Approach: As Nebraska’s Directed Health Measures are eased, working Nebraskans will need new and safe opportunities in a changed economy. For Nebraska to experience a full economic recovery, it will require a fertile environment for new businesses to start and existing firms...

By Sarah Curry

Not all Property Taxes are Equal

Not all Property Taxes are Equal

Why did the Governor waive the late fees on personal property taxes?  No, personal property is not the same as the property tax you pay on your house.  Real property is stationary and includes land, buildings, improvements, fixtures, mobile homes, minerals, and wells. Nebraska also taxes another type of property, known as tangible personal property. ...

By Sarah Curry

Nebraska should eliminate excise tax on spirits

Nebraska should eliminate excise tax on spirits

On March 18th the Alcohol and Tobacco Tax and Trade Bureau waived some of the regulations associated with distilled spirits to allow them to make hand sanitizer in an effort to curb the national shortage.  In addition, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) passed on March 25th eliminated the federal excise...

By Sarah Curry

News Release: COVID-19 Budget and Economic Dos and Don’ts

News Release: COVID-19 Budget and Economic Dos and Don’ts

The Platte Institute has released a list of recommendations for state policymakers on issues of tax compliance, budgeting, regulation, and government transparency in the COVID-19 crisis.