As introduced: The individual state income tax would be reduced by lowering current tax rates and expanding current income brackets. The bill would also reduce the current top corporate income tax rate from 7.81% to 6.70% which would match the top individual income tax rate under the proposal. Finally, the…...
Gaining perspective on the Governor’s Tax Cut
Cutting taxes limits Nebraska’s ability to fund important programs aimed at helping our children get the best possible start in life. To give us a little perspective, here are 10 policy changes that benefit kids from before birth through their teen years, sized relative to Governor Heineman’s proposed tax cuts.…...
Opposition to LB 970 – Governor’s tax cut proposal
Voices for Children testified in opposition to the Governor’s tax cut proposals. In addition to our written testimony below, we shared an infographic to illustrate the amount of the cut for families at different income levels: No real relief for Nebraskans January 26, 2011 To: Revenue Committee From: Aubrey Mancuso,…...
Proposed tax cut not worth a pound of potatoes
The Governor’s proposed tax cuts don’t amount to much for families just trying to get by. A more meaningful solution for lower- and middle-income families would be to increase the state Earned Income Tax Credit. State revenues could also support other programs impacting children and hard-working Nebraska families....
