Utah's New Tax Code And The Campaign To Repeal It
An effort is underway to repeal sweeping changes to the state’s tax code made by legislators last month. Friday, we’re asking what the tax reform package means for Utahns and whether the changes will stick.
The reforms include new taxes on food, gas and a host of services. Legislators worked to offset that increased financial burden with “pre-bates,” exemptions, credits and a cut in the income tax rate. All told, most Utahns will pay $500 less per year in taxes. Still, most Utahns say they aren’t happy with key pieces of the reform, including the food tax and the fact that any change to the income tax affects school funding. Tune in as we break it all down.