Nebraska Cigarette Tax Increase Would Raise Prices, Reduce Revenue Reliability, and Increase Smuggling
Nebraska Cigarette Tax Increase Would Raise Prices, Reduce Revenue Reliability, and Increase Smuggling
*On March 4th, LB 1124, the bill to advance the tobacco tax increase failed on a bipartisan procedural vote with the following senators blocking the advancement: Sen. Andersen, Sen. Ballard, Sen. John Cavanaugh, Sen. Conrad, Sen. Guereca, Sen. Juarez, Sen. McKinney, Sen. Rountree, Sen. Storm, and Sen. Strommen. The Platte Institute is sympathetic in the...
By Jared Walczak
Nebraska Shouldn’t Tax Social Media Accounts
Nebraska Shouldn’t Tax Social Media Accounts
Under LB 1025, Nebraska would implement a first-in-the-nation tax on social media accounts, at rates of up to $6 per account per year. Other states have considered similar taxes, but no state has adopted a social media tax to date, and with good reason. The proposed tax could deprive Nebraskans of free access to online...
By Jared Walczak
Policy Pathway for Principled Tax Reform
Policy Pathway for Principled Tax Reform
Policy Pathway for Principled Tax Reform outlines a framework for evaluating tax policy through the lens of sound tax principles including transparency, simplicity, stability, neutrality, and economic efficiency. The report examines Nebraska’s major tax types including property, income, and sales and offers practical, principle-based recommendations to improve affordability, competitiveness, and long-term fiscal sustainability. While designed...
Nebraska’s Tax Code Lets It Compete for Data Center Investment
Nebraska’s Tax Code Lets It Compete for Data Center Investment
The Midwest grows many things—including, increasingly, data centers. That’s good news, generating substantial local tax revenue, creating high-paying jobs, and expanding economic opportunities. With 39 data centers (about 19 per 1 million people), Nebraska punches above its weight nationally, while trailing neighboring Iowa, which boasts the second-highest number of data centers per capita at 32...
By Jared Walczak
Research Note: Changes in AI Regulations
Research Note: Changes in AI Regulations
On Thursday, December 11, President Trump signed an executive order aimed at limiting state-level regulations on artificial intelligence (AI). The order is the latest in a series of efforts by the administration to centralize AI governance at the federal level. While it takes a distinctive approach, the order also introduces several practical and legal challenges. ...
By Jakob Myers
Nebraska Tax Reform: Why Full Expensing Is the Smart Move
Nebraska Tax Reform: Why Full Expensing Is the Smart Move
The federal One Big Beautiful Bill (OBBB) creates the opportunity for Nebraska to adopt the most “America First” tax reform: full expensing. In an era of reshoring and friend-shoring critical supply chains, full expensing is the tax reform that properly defines “income” and incentivizes production in the U.S.A. Full expensing is the policy of allowing...