Straight talk from Steve

Last week the personal finance publication known as Kiplinger’s released its new list of the most – and least – tax friendly states in America. The study compared the states by using a hypothetical married couple with two children and $150,000 in income per year plus an additional $10,000 per year in dividend income. I was not surprised to see that they listed Nebraska as the sixth least tax-friendly state among the fifty states.

The Kiplinger’s report considered all kinds of different taxes, including sales taxes, income taxes, fuel taxes, property taxes, vehicle registration taxes, sin taxes, wireless service taxes, and inheritance taxes. In short, the Kiplinger’s report showed how Nebraskans are getting taxed to death. There are three lessons Nebraskans should learn from this report, and today I would like to tell what those three lessons are.

 

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