Tuesday, September 27, 2022
HomeSportsDon’t buy Utah lawmakers ’plan to open income tax funds

Don’t buy Utah lawmakers ’plan to open income tax funds

The pandemic was severe for all of us, but the Utah economy came back with record GDP and record income tax and sales tax. Lawmakers have more money than ever before for education and common funds. Their answer? Reduce income tax instead of further increasing much-needed education funding.

Then instead abolition of food taxwhat they could do right now to immediately ease inflation, they are proposing to abolish the food tax if we open an education fund for them so that they spend on everything they want. It’s like selling a farm for one meal.

In 2020, Amendment G was adopted, which opens an educational fund (according to the Constitution, income tax revenues are basic) for some social services. This agreement was to last 10 years – as long as it would take all these expenses to fully bear the income tax. But now that we have record incomes, does a “crisis” suddenly arise that requires another amendment?

Make no mistake – this is extortion.

The party of the vast majority asks us to sell the farm for a penny for a dollar, and the good times will not last. They never do.

Deborah Gatrell

West Valley City

Reported by Source link

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Don’t buy Utah lawmakers ’plan to open income tax funds

The pandemic was severe for all of us, but the Utah economy came back with record GDP and record income tax and sales tax. Lawmakers have more money than ever before for education and common funds. Their answer? Reduce income tax instead of further increasing much-needed education funding.

Then instead abolition of food taxwhat they could do right now to immediately ease inflation, they are proposing to abolish the food tax if we open an education fund for them so that they spend on everything they want. It’s like selling a farm for one meal.

In 2020, Amendment G was adopted, which opens an educational fund (according to the Constitution, income tax revenues are basic) for some social services. This agreement was to last 10 years – as long as it would take all these expenses to fully bear the income tax. But now that we have record incomes, does a “crisis” suddenly arise that requires another amendment?

Make no mistake – this is extortion.

The party of the vast majority asks us to sell the farm for a penny for a dollar, and the good times will not last. They never do.

Deborah Gatrell

West Valley City

Reported by Source link

RELATED ARTICLES
- Advertisment -

Most Popular