See the new database of Nebraska state employee salaries
See the new database of Nebraska state employee salaries
The Platte Institute, The Flatwater Free Press, and Code for Nebraska have published an online, searchable database of state government workers and their salaries. You can find the site anytime at salaries.flatwaterfreepress.org. The Platte Institute has long prioritized good governance in all our policy initiatives, and one of the fundamental principles of good governance is openness...
By Sarah Curry
Forecast calls for $475 million boost to Nebraska tax receipts
Forecast calls for $475 million boost to Nebraska tax receipts
Today, the Nebraska Revenue Forecasting Board convened to meet its statutory obligation to update the state’s revenue estimates. These figures will be used when the Legislature convenes in January 2022 until the forecast is updated again at the end of February. The theme in today’s meeting was inflation—the impact it will have on the state’s...
By Sarah Curry
$50 million in Nebraska property tax relief goes unclaimed, total may rise
$50 million in Nebraska property tax relief goes unclaimed, total may rise
In a late 2020 Nebraska Legislature session delayed by the COVID-19 pandemic, senators enacted a new property tax relief program under Legislative Bill 1107. The program created a state income tax credit that went into effect for the 2020 tax year. Nebraska real property owners were able to file in 2021 and receive credit from...
By Sarah Curry
Nebraskanomics: Growing Nebraska’s Workforce with Mike Beyer
Nebraskanomics: Growing Nebraska’s Workforce with Mike Beyer
With more than 50,000 jobs currently available in Nebraska, Jim discusses ways to remove barriers to welcoming more workers to Nebraska with Navy veteran and Nebraska-licensed electrician Mike Beyer. A transcript of the discussion can be found below. You can watch the video on YouTube or listen to the podcast episode on Apple Podcasts or Spotify. Jim...
Nebraska state revenues continue positive trend in September 2021
Nebraska state revenues continue positive trend in September 2021
Nebraska’s September state tax revenue collections continue to be positive, as all major tax types (sales, personal income tax, and corporate income tax) are posting above forecast. The only tax type not to meet its expected forecast are miscellaneous taxes. This tax category includes cigarette and tobacco taxes, the state tire fee, mechanical amusement device...
By Sarah Curry
Nebraska has a foreign tax with a local impact
Nebraska has a foreign tax with a local impact
There have been a lot of tax changes at the state and federal level in the last few years, one of which is the taxation of foreign income, otherwise known as GILTI. GILTI stands for Global Intangible Low-Taxed Income. It’s a category of income that is earned abroad by U.S.-controlled foreign corporations and is subject to special treatment under...
By Sarah Curry
What should Nebraska do with more federal money?
What should Nebraska do with more federal money?
The COVID-19 pandemic has resulted in an unprecedented amount of money sent to the state of Nebraska from the federal government. First, the CARES Act sent $1.25 billion directly to the state. However, when you include all the money sent to the various agencies and operations, the total was closer to $10 billion. Then, the...
By Sarah Curry
Nebraska’s unemployment trust fund is now above pre-pandemic levels
Nebraska’s unemployment trust fund is now above pre-pandemic levels
During the height of the pandemic and directed health measures that caused businesses across the state to close, Nebraska saw its unemployment rate jump to 8.3%, or 86,300 people actively looking for work. This was the most people filing unemployment claims ever in the history of recording unemployment data. Nebraska paid a total of $1,423,551,932...
By Sarah Curry
What’s the status of property tax relief?
What’s the status of property tax relief?
For 2021, the Nebraska Legislature increased funding for the Property Tax Credit Fund by $25 million, to a total of $300 million. The state distributes the money from the fund to local taxing subdivisions. Then, your county treasurer credits your property tax bill based on your valuation. However, it has no bearing on how much...
By Jim Vokal