Capitol News
J.l. Schmidt, Statehouse Correspondent, Ne Press
Tuesday, March 8, 2022
Who Benefits the Most from Income Tax Rate Cuts? It has been said “the rich get richer, and the poor get poorer.” That aphorism (a pithy observation that contains a general truth) is attributed to British poet and author Percy Bysshe Shelley in 1840. It has been heard in more than one iteration during the debate on a major income tax cut bill (LB939) currently before lawmakers The measure, introduced by Elkhorn Sen.
