Correction
Utah Sens. Lyle Hillyard, R-Logan, and Howard Stephenson, R-Draper, want to provide an income tax credit to low-income Utahns to offset what they would pay in higher state sales tax if the sales tax on food were restored. Hillyard suggests the difference, around $116 million, could go to offsetting the state's budget shortfall that could go as high as $850 million next year. Stephenson says the difference should go to general tax relief — with accompanying tax rate cuts in personal and/or corporate taxes — so that taxes overall would not go up. A Tuesday story did not contain that information.
Comments
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