From Deseret News archives:
Walker's tax-reform efforts are long overdue
It said: "Pressed4Time."
It's a very clever name for a dry cleaning business, isn't it? It also summed up, nicely, the underlying message of Walker's presentation. This is particularly true as it applies to funding Utah's public school system, where growth in the student population is outstripping the state's ability to pay for it, under the existing tax policy.
If the economy remains robust, the state can probably get by for a few years. But a decade from now, absent some changes in tax policy and the state's demographics, the outlook is not hopeful. "Down the road there is a crisis awaiting if something isn't done," Walker said.
This is a different tone than I'm used to hearing as it applies to funding Utah's public schools. Conventional wisdom has been that economic growth would meet the needs of the burgeoning public school population. But Walker's tax advisers caution that Utah relies heavily on taxes that are volatile. Moreover, the state's tax base is eroding. Without some meaningful intervention, the day of reckoning approaches.
Groups that have a vested interest in the respective proposals will find a million self-serving reasons not to continue this work. We're talking full employment among CPAs, tax attorneys and lobbyists as they dissect the proposal and rationalize why their particular ox should be spared.
This is precisely why Walker has kept the tax-reform process close to the vest. The men and women who wrestled over Walker's tax recommendations sometimes until 3 o'clock in the morning aren't interested in preserving tax breaks or exemptions for certain industries or groups. Rather, the advisers were attempting to devise a means to right Utah's tax ship.
To be quite honest, I haven't digested the entire volume of recommendations. As a person who relies on a CPA to prepare her income taxes, I'm hardly an expert to explain the implications of eliminating the corporate income tax, adopting a flat individual income tax or taxing consumer services, among many other recommendations in Walker's proposal.
Comments
- Photo: Sunny glide 9:07 p.m.
- Blog posting 'news yule 9:06 p.m.
- Brothers from Boise differ on politics 9:06 p.m.
- Teen trip full of tears, tattoos 9:05 p.m.
- Senator says Afghan surge needed 8:56 p.m.
- Matthews passes new Jazz tests 8:53 p.m.
- Max Hall issues apology 8:46 p.m.
- Montreal Alouettes win Grey Cup 8:40 p.m.
- Rivalry dishes out talking points 8:32 p.m.
- Hall's pain reflects self betrayal 8:23 p.m.
- Hall mouths off about hate of Utah
- BYU is champion of the state
- Cougars beat Utes in overtime
- Credit Coug defense for win
- Field goals, penalties doomed Utes
- Cougar defense rose to occasion
- Marriage definitions vary widely
- Banged up Jazz get best of Blazers
- Jones' joy for life remembered
- Fantasy is reality for BYU professor
- Hall mouths off about hate of Utah
834 - Cougars beat Utes in overtime
469 - Thunder rolls by Jazz
136 - BYU is champion of the state
136 - Man trapped in Nutty Putty cave dies
117 - Cave to be sealed with body inside
116 - Editorial: Poor welcome for Palin
113 - Rivalry Week is highly profane
90 - Hall's legacy measured today
79 - Y. focused on 10-win season
74
I knew this was coming
I want Max Hall expelled or else! JW Marriott
Max Hall has issued his apology and explained that his comments were really...
Completely agree. Max Hall showed how immature he really is and how...
"I'm sorry if my comments took anything away from my teammates and...
This is the most ridiculous article I think I've ever read. Max Hall got...
I saw this apology coming a mile away!!! He had no choice but to apologize....
As a mom, teacher, and a big football fan, I appreciate this article. It is a...
I think it is time both coaches talk to their teams and universities about...
@@Christy: you're missing the point. You can say the same thing about...


You can be the first to comment on this story.