Gary Herbert on Tax Reform
Broaden tax base & cut rates by 64%
All the goods and services that make up our modern economy should contribute to our tax base. As we broaden the tax base, we will slash the state sales tax rate. We will cut it by 64 percent from 4.85 percent to a mere 1.75 percent. That is a tax cut of
$225 million, especially benefitting lower and middle income families. This would mean that nearly nine out of ten taxpayers will pay less sales tax tomorrow than they pay today.
Source: 2019 State of the State address to the Utah legislature
, Jan 30, 2019
Don't stifle citizens & businesses with new tax burdens
We must balance our budget responsibly, and in a way that does not stifle an economy that is finally beginning to show signs of recovery. We need to support our hard-working citizens and businesses, not stifle them with new tax burdens. We need to help
them succeed, not hamper their success. And we need to think toward the future, not just of today. I strongly believe the best thing we can do for our citizens and our economic recovery is to exercise continued fiscal restraint and to not raise taxes!
Source: Utah 2010 State of the State Address
, Jan 26, 2010
Page last updated: Mar 19, 2019