Table G2: Analysis by Deciles of Nebraska Income Tax Burden Ranked by Nebraska Expanded Income

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Tax Year Number
of Returns		 Nebraska Expanded Income (1)

Nebraska Net-Liability (2)
First 7
Deciles
mil.$		 8th
Decile
mil.$		 9th
Decile
mil.$		 10th
Decile
mil.$		 Top 1% of Returns
mil.$		 First 7
Deciles
mil.$		 8th
Decile
mil.$		 9th
Decile
mil.$		 10th
Decile
mil.$		 Top 1% of Returns
mil.$
1995
678,430
7,806.7
2,987.9
3,870.2
8,702.6
2,999.2
133.6
76.7
120.1
372.5
140.0
1996
701,425
8,387.4
3,227.3
4,195.4
9,724.3
3,414.4
146.7
84.8
134.3
427.8
164.6
1997(a)
717,401
9,042.2
3,483.2
4,537.4
10,758.6
3,839.7
147.8
87.8
140.9
463.3
184.2
1998
727,835
9,665.2
3,715.1
4,883.6
12,418.1
4,747.2
164.0
96.5
156.7
515.6
204.8
1999
737,138
10,219.8
3,912.7
5,134.8
13,626.1
5,481.3
181.1
105.6
171.1
569.1
226.3
2000
738,826
10,702.6
4,078.8
5,365.9
14,176.5
5,616.0
194.0
112.5
182.2
595.6
233.7
2001
734,309
10,861.2
4,092.9
5,345.3
12,959.1
4,740.7
193.3
110.7
179.0
545.4
205.0
2002
721,885
10,734.6
4,049.9
5,287.3
12,584.2
4,572.3
185.4
107.8
174.9
517.5
189.1
2003
729,012
11,232.6
4,229.3
5,554.1
13,405.3
4,891.8
199.7
117.2
191.5
577.1
216.5
2004
734,917
11,813.0
4,471.5
5,904.0
15,491.7
6,278.0
208.8
126.7
205.8
613.2
230.7
2005
741,809
12,446.8
4,694.1
6,198.6
16,727.1
6,880.6
225.9
137.2
220.9
704.0
284.0
2006 prel.
746,379
13,152.2
4,876.0
6,452.9
16,469.9
6,253.9
219.4
142.2
228.4
714.2
291.8

Tax Year

Nebraska Expanded Income Shares

Nebraska Net-Liability Shares
1995
33.41
12.79
16.56
37.24
12.83
19.01
10.91
17.09
53.00
19.92
1996
32.85
12.64
16.43
38.08
13.37
18.48
10.68
16.92
53.90
20.74
1997(a)
32.50
12.52
16.31
38.67
13.80
17.60
10.46
16.78
55.17
21.93
1998
31.50
12.11
15.92
40.47
15.47
17.58
10.35
16.80
55.28
21.96
1999
31.07
11.90
15.61
41.43
16.66
17.64
10.28
16.66
55.43
22.04
2000
31.18
11.88
15.63
41.30
16.36
17.89
10.37
16.80
54.93
21.55
2001
32.66
12.31
16.07
38.96
14.25
18.80
10.77
17.41
53.04
19.94
2002
32.87
12.40
16.19
38.54
14.00
18.81
10.94
17.75
52.51
19.19
2003
32.63
12.29
16.14
38.94
14.21
18.40
10.80
17.64
53.16
19.94
2004
31.35
11.87
15.67
41.11
16.66
18.09
10.97
17.83
53.11
19.98
2005
31.07
11.72
15.47
41.75
17.17
17.54
10.65
17.15
54.66
22.05
2006 prel.
32.12
11.91
15.76
40.22
15.27
16.82
10.90
17.51
54.76
22.37

Tax Year

Effective Tax Rate (b) Nebraska Tax Burden Index (c)
1995
1.71
2.57
3.10
4.28
4.67
0.57
0.85
1.03
1.42
1.55
1996
1.75
2.63
3.20
4.40
4.82
0.56
0.84
1.03
1.42
1.55
1997(a)
1.63
2.52
3.11
4.31
4.80
0.54
0.84
1.03
1.43
1.59
1998
1.70
2.60
3.21
4.15
4.31
0.56
0.85
1.06
1.37
1.42
1999
1.77
2.70
3.33
4.18
4.13
0.57
0.86
1.07
1.34
1.32
2000
1.81
2.76
3.40
4.20
4.16
0.57
0.87
1.07
1.33
1.32
2001
1.78
2.70
3.35
4.21
4.32
0.58
0.87
1.08
1.36
1.40
2002
1.73
2.66
3.31
4.11
4.14
0.57
0.88
1.10
1.36
1.37
2003
1.78
2.77
3.45
4.31
4.43
0.56
0.88
1.09
1.37
1.40
2004
1.77
2.83
3.49
3.96
3.67
0.58
0.92
1.14
1.29
1.20
2005
1.81
2.92
3.56
4.21
4.13
0.56
0.91
1.11
1.31
1.28
2006 prel.
1.67
2.92
3.54
4.34
4.67
0.52
0.92
1.11
1.36
1.47

(1) Nebraska Expanded Income is defined as follows:

Total Income (line 22 Form 1040), plus Tax Exempt Interest (line 8b Form 1040) plus untaxed portion of IRA distributions, plus untaxed portion of Pension and Annuities, plus untaxed portion of Social Security and Railroad Retirement income, plus s-corporation and limited liability company loss distribution from non-Nebraska sources minus state income tax refund and minus Non-Nebraska Source Income.

(2) Nebraska Net-Liability is defined as:

Nebraska liability net of non-refundable and refundable credits plus Credit for tax paid to another state.

prel. preliminary - contains only returns filed by August 30 2007. The most likely impact of the late filed returns will be in the "Top 1%" group. The late filed returns will be included in the analysis in next year's issue.

(a) LB401, Nebraska Individual Income Tax Rate Cut.

(b) Effective rate is defined as Nebraska net-liability as percent of Nebraska expanded income.

(c) Tax burden index is defined as the Net-liability share index weighted by the AGI share index.

Index < 1 income share is greater than net-liability share

Index > 1 income share is less than net-liability share

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