Created: Thu, 16 Jan 2014 05:25:00 CST
Updated: Fri, 17 Jan 2014 09:46:38 CST
On the heels of the Governor's State of the State address, state senators are speaking out.
When it comes to tax relief, Senator Jeremy Nordquist agrees with the Governor that taxes are too high. But that's about where the agreement ends.
Not only does the Senator believe spending 500 million dollars of the cash reserve fund would put the state in fiscal jeopardy, but he also says the Governor's proposal of cutting income and property taxes only benefits the wealthy.
"If we cut the top income tax bracket, about 70% of the benefit goes to the top 5% of our state. And the bottom 60% gets less than 10% of the benefit from that. So I think we need to shift the focus down the tax scale a little bit," said State Senator Jeremy Nordquist, District 7.
Senator Nordquist would like to see the legislature focus on relief for families who make between $50,000 and $100,000 a year.