As upper-income Utahns, we want to say loudly and clearly to the Utah Legislature: We did not ask for, we do not want and we do not need a tax cut.
Over the past year, legislative leaders have proposed modifying the Utah tax code to raise the sales tax on groceries and gas, while applying it to many previously exempt products. Because these legislative leaders want to claim that tax reform will be revenue neutral, they propose offsetting new sales tax revenue with an income tax cut.
This change is being sold as a win-win for everyone, a tax cut across the board, but in reality it’s a plan that primarily benefits wealthy Utahns.