The tax cut bill supported by Nebraska Governor Pete Ricketts, LB947, will be debated again in the Unicameral on Tuesday. The bill would cut property and income taxes over time.
Senator Tyson Larson of O’Neill says he will support the bill on the floor……
Larson says compromises adding income tax cuts were needed to get the bill out of committee…….
Larson says most of the property tax increases can be blamed on county budgets……
Opponents have said the bill would drastically cut state revenues, and lead to major spending cuts.
