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Governor eyes tax relief, says local spending must be addressed

(Lincoln Journal Star/HastingsTribune.com) -- The Lincoln Journal Star reports that "in the face of a sharp decline in anticipated revenue" for the state, Nebraska Gov. Pete Ricketts is committed to "enacting income and property tax cuts." The article notes that Gov. Ricketts will outline his plans in his State of the State address to the Legislature early in its 2017 session, which begins on Wednesday. The article notes that "the governor pointed to sharp growth in local K-12 school budgets as a primary factor in determining the property tax load for Nebraskans, suggesting that schools also need to address their level of spending." Meanwhile, "Sen. Jim Smith of Papillion, who appears certain to be elected chairman of the Legislature's Revenue Committee when senators convene on the first day of a 90-day legislative session, is assembling his own tax package."

http://www.hastingstribune.com/news/state/nebraska/ricketts-eyes-tax-cuts-heralds-trump/article_3967b01f-f478-5474-a902-b28172799e9a.html

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