Nebraska lawmakers Thursday approved Gov. Dave Heineman's plan to cut personal income taxes. The slimmed-down proposal advanced through its final required vote on a 39-9 decision.
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.
