So What Will Be Cut So That Wealthy Can Have Even Lower Tax Rates?

The House passed legislation to phase out the state's corporate franchise tax today, which will cost the state up to $87.5 million in lost revenues every year when it's fully enacted. 

As far as I know, no plan has been put forward detailing how many teachers will lose their jobs if this becomes law.  Or how high tuition will need to go.  Or how taxes will need to be raised on working people so that the already wealthy can pay a little less.