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
- Utah soldier is laid to rest 8:10 p.m.
- D.A. retires, leaves mixed legacy 8:07 p.m.
- House bill would boost costs 8:06 p.m.
- $47B in suspect Medicare claims 8:05 p.m.
- Little things count in Cougar victory 8:04 p.m.
- Snowstorm hits Utah; 1 dead in crash 8:03 p.m.
- 2A title: Broncos' slippery win 7:33 p.m.
- 1A championship: Rich undefeated 7:29 p.m.
- Few call Venice home 7:27 p.m.
- Volunteers are needed 6:50 p.m.
- Apostle's wife felt comfort in attack
- Can BYU root for (ick) Utah Utes?
- Short-handed Jazz fly past Sixers
- D-Will home for daughter
- Bench proves fruitful for Y.
- Utes excited for 'dream' game
- Snowstorm hits Utah; 1 dead in crash
- Born of water and the spirit
- GameDay in Fort Worth
- No. 22 BYU holds off pesky Lobos
- SLC council OKs gay rights policies
356 - Editorial: Mormons and gay rights
199 - Senators want food tax restored
164 - Will state consider gay rights law?
148 - Can BYU root for (ick) Utah Utes?
129 - Letters: Strange breed in Utah
129 - No. 22 BYU holds off pesky Lobos
129 - Utes remain silent about BCS
120 - S.L. vote pending on gay protections
113 - Pratt pleads not guilty to sex charges
105
Maybe someone out there can help me understand how raising the state...
Hurricane is a team with a lot of heart. It's their time. They've worked so...
41-14 Wow - So this is what it feels like to be a Cougar fan.
I'm proud of our Hunter boys. What a great season, great lessons and much to...
How does Scammed know that DHS hasn't helped snare a dozen or more attack...
Nobody is going to give Utah State a chance against Boise, but I think we'll...
So what you are telling me is that we DO need a government to do all these...
This is really cool.
Jealous? Yeah, I'm jealous, I'd rather have a sloppy win from missed kicks...
From the tone of the comments, people in Utah are content to be uneducated...
Trains don't blow their horns to disturb the peace. It's federal law that...


You can be the first to comment on this story.