Matthew Weinstein: The high price of lower taxes in Utah
The Legislature should have other priorities than ‘the year of the tax cut.’
(Rick Bowmer | AP file photo)
In this Aug. 20, 2020, photo, the Utah House of Representatives convenes for a special session of the Legislature at the Utah State Capitol in Salt Lake City.
By Matthew Weinstein | Special to The Tribune
| March 1, 2021, 11:30 p.m.
Legislative leaders have said that 2021 should be “the year of the tax cut.” Numerous public opinion surveys show that Utahns disagree. This may come as a surprise to policymakers, who have been in the habit of handing out tax break after tax break for decades. But there seems to be an increasing public awareness that Utah is now paying a price for decades of tax cutting that have left us with the lowest overall tax level in 50 years relative to Utah personal income.