Scottsbluff Senator John Harms says will not support…at least for now…Governor Dave Heineman’s tax reform proposals.

It’s not that he thinks eliminating the individual and corporate income taxes or shield some retirement income from taxes are bad ideas, it’s that he thinks they go too far too fast.

Harms wants to see more study any major tax reform is considered, Harms thinks most Nebraskans feel the way he does…based in part on what he heard when the Revenue Committee held well over 10 hours of hearings on the two bills the make up the governor’s alternative proposals.

The two plans are LB-405…which ends the individual and corporate income taxes by doing away with nearly $2.5 billion dollars of sales tax exemptions.

LB-406 would eliminate about $320-million in sales tax exemptions to fund an end to the corporate income tax and to exemption some military retirement benefits and other retirement income from the individual income tax.