Nebraska Lawmakers to Act on Tax Bracket Bills

Nebraska lawmakers are poised to act this session on income tax cuts for seniors and veterans.  Lawmakers will debate a bill that would ensure Nebraska's income--tax brackets keep pace with inflation, while giving a greater tax break to low-income and middle-income Social Security recipients. They also are likely to debate a tax break for service members who choose to live in Nebraska after retiring from the military.  The bills were introduced in the wake of a legislative tax study last year. Sen Galen Hadley, chairman of the Legislature's Revenue Committee, says the tax bracket bill would address cost of living salary increases that can bump taxpayers into a bracket with higher rates.

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Locations : Nebraska
People : Galen Hadley
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