Matthew Weinstein: The Legislature’s dilemma: Invest in Utah’s future or cut taxes?

February 22, 2020 (Salt Lake Tribune)

For years now, Utah’s legislators and governors have engaged in round after round of tax cuts, to the point that our overall level of taxation, including everything we pay to state and local government in Utah, is lower than it’s been in decades as a percentage of our incomes. This is true at all income levels (though it’s also true that the largest tax cuts in dollar terms have gone to the highest-income Utahns).

These findings were confirmed last year in reports from the Utah State Tax Commission and the Utah Foundation. Most legislators probably think that these record low taxes are cause for celebration. And many Utahns undoubtedly agree. But many may also have mixed feelings when they consider that as a result of tax cut after tax cut after tax cut…

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