Governor Interested in Two-Tier Income Tax
None by KCPW
Taxpayers Get to Choose
(KCPW News) A unique compromise among Utah legislators and the governor's office would allow taxpayers to choose between the current income tax system or a 4.5 to 5 percent flat tax with no deductions.Governor Huntsman says the state could create a simple online tool to help taxpayers choose the more beneficial income tax given individual circumstances.
"If the numbers are where I think they're likely to fall on this particular approach," Huntsman says, "then I'd like to call a special session before the end of the year and take a look at using the $70 million, which has been earmarked for the purposes of tax reform, and actually reforming our tax system."
Email to a friendPosted in KCPW Newsroom. Copyright 2008 KCPW

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