News

Why does Nebraska’s current tax debate matter?

Nebraskans are left to sit upon an unbalanced three-legged tax stool.

The property tax leg is too long, representing more than 35 percent of the state’s tax revenues. The income tax leg of the stool is too short, reflecting 27 percent of state revenue. Sales tax accounts for 30 percent and the remaining 8 percent comes from other sources.

Proposals before the Legislature seek to shift this balance, but in a manner that could leave middle and low-income Nebraskans with access to fewer services while shouldering a greater percentage of the tax burden.

Report examines federal conservation program

The Center for Rural Affairs recently released “Pathways to Land Access,” a report by Anna Johnson with support from Glen Ready. The paper is a study of the Conservation Reserve Program - Transition Incentives Program (CRP-TIP), administered by the U.S. Department of Agriculture, Farm Service Agency (USDA-FSA). 

In “Pathways to Land Access,” the authors investigate implementation of CRP-TIP in Iowa, Nebraska, North Dakota and South Dakota. The program was created by the 2008 Farm Bill. 

Dear Iowa lawmakers: Leopold Center deserves recognition and respect

Dear Gov. Bransted, Lt. Gov. Reynolds, and Iowa lawmakers,

We, the undersigned, oppose any proposal to eliminate funding and authority for the Leopold Center for Sustainable Agriculture. While the work of the Leopold Center is focused in Iowa, it has long been a leader in sustainable agriculture research and serves as an inspiration to sustainable agriculture work nationwide.

Too many unknowns in the property tax cut proposal

The Nebraska Legislature is scheduled to begin debate on LB 461 later this week. Tucked within this compilation bill, posed to cut income and corporate tax rates, is a proposal to change the way agricultural and horticultural land is valued.

While this change in ag land valuation is positioned as the property tax relief Nebraska’s agricultural community has been calling for, rural and urban residents alike should be wary.

Pages