A couple of days ago a person wrote a letter saying that the abnormally high rate of bankruptcies in Utah is caused by the abnormally high taxes we pay in Utah. He is flat out wrong. About the only taxes we pay that are significantly different from the rest of the nation are the state income tax and personal property tax, neither of which would be enough to force a person into bankruptcy.

It would be interesting if someone would do a study of the religious affiliation of people in Utah declaring bankruptcy and the reasons used for bankruptcy. I would bet that the main finding would be that those people, regardless of religious affiliation, who carefully manage their debt and do everything possible to repay what they owe to others and to their Lord seldom declare bankruptcy.

Fred Ash

Sandy