Lawmakers Approve Nebraska Governor's Tax Cut Plan

By: Associated Press

Posted: Thu 12:05 PM, Apr 05, 2012

Nebraska lawmakers have approved Gov. Dave Heineman's plan to cut personal income taxes.

The slimmed-down proposal advanced through its final required vote on Thursday, 39-9.

The package that Heineman pitched in January would have included cuts to individual and corporate income taxes, as well as the elimination of a county inheritance tax.

But opponents said the proposal would threaten the state's long-term financial strength and take money from schools and social services.

The original plan would have cost the state $327 million over three years.

The version now heading to Heineman's desk would only cut individual income taxes, at a cost of $97 million over that period.

Heineman Vetoes $200K in Golf Tournament Funding

Comments are posted from viewers like you and do not always reflect the views of this station.

Poll Question

There are currently no active polls at this time.

Click here to view other polls on our site and past poll results.

Lawmakers Approve Nebraska Governor's Tax Cut Plan

Poll Question

County Election Results for General Election