Nebraska Governor Pete Ricketts took his proposal to cut taxes directly to the legislature, testifying before the Revenue Committee on both proposals.
Ricketts tells members his proposed one-percent reduction to the top individual income tax rate would be implemented over eight years…and only if state revenues are projected to grow by at least 3-and-a-half percent.

Yet, others testifying before the committee oppose the proposal.
Mark Fahleson with Reform for Nebraska’s Future calls it the wrong type of tax cut proposal.

The second proposal by the governor would change how farmland is assessed for property tax purposes, from a market-based approach to an income-based approach.