1-12-12, LINCOLN, Neb. (AP) - Nebraska Gov. Dave Heineman is urging lawmakers to adopt nearly $326 million in tax cuts.The Republican governor proposed a legislative package Thursday during his State of the State address to the Legislature. His proposal would eliminate an inheritance tax collected by counties and reduce corporate and individual income tax rates over a three-year period. It also would widen tax brackets, so families would see more of their income taxed, but at lower rates.
Heineman told lawmakers in his State of the State address that Nebraska cannot wait for additional tax cuts, which he described as key to helping middle-class families and enabling businesses grow.
The governor also called for cuts in Medicaid spending and reductions in spending on home health services.
