On tax-cut plan, governor says don’t get hung up on numbers

FILE - The Utah State Capitol is shown Wednesday, March 7, 2018, in Salt Lake City. (AP Photo/Rick Bowmer)

SALT LAKE CITY (AP) — Republican Gov. Gary Herbert says people shouldn’t get “hung up on the numbers” when talking about differing proposals for a tax cut.

Herbert told The Associated Press on Tuesday that he’s glad to see many lawmakers agree that Utah needs to tax more services as sales tax revenue dwindles in a changing economy.

Herbert proposed a $200 million tax cut to go along with that plan. New House Speaker Brad Wilson did one better by floating a $225 million cut that would be the biggest in state history.

Wilson, also a Republican, says the state shouldn’t shy away from a larger number if it’s possible. The record-holder now is a $220 million cut about a decade ago.

Utah has a billion-dollar surplus powered by the state’s humming economy.

Free News Delivery by Email

Would you like to have the day's news stories delivered right to your inbox every evening? Enter your email below to start!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.