21-05-2019 23:46 via sltrib.com

Utah legislative leaders say state’s tax structure, not revenue, is the problem that needs fixing

Three months after walking away from an urgent effort to expand taxes on service-oriented business, Utah lawmakers have changed their messaging — from an imminent fiscal cliff in sales tax receipts to a long-term, comprehensive economic strategy.This shift coincides with new state revenue estimates showing roughly 5% and 7% growth in the sales and income taxes, respectively.“We’ve got plenty of money to run on, we’re not trying to have a tax increase,” said Senate P
Read more »